Turley & Turley Limited

Turley & Turley Limited is a small, active company based in Sawbridgeworth, UK, established 22 years ago in 2002. With just two employees and £111,552 in assets, it operates from a virtual address – ninety-nine companies are registered at the same location – and is overseen by three directors and two owners. The company runs an e-commerce site and regularly imports furniture, lighting, and prefabricated buildings, with the latest import activity recorded six months ago.

The website, Turley's Office Furniture, showcases a wide range of office furniture, from desks and chairs to storage solutions and screens. The site’s focus is on providing a huge range of office furniture and clearly states the use of JavaScript is required to utilize the functionality. The site offers various options, including unboxed, assembled, and second-hand furniture, catering to diverse needs and budgets.

Financially, Turley & Turley Limited shows some interesting trends. Current assets have increased by 25% to £110,000, while net assets grew by 14% to £59,000. Bank borrowings have decreased significantly by 71%, reaching £4,000, and cash reserves have also dropped by 8% to £53,000. Creditors have increased by 55%, suggesting a need to manage debt. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for flexibility, but the increase in creditors warrants attention. As a small company, it’s exempt from an audit, so the figures are unaudited.

Overall, Turley & Turley Limited appears to be holding its own, but the rise in creditors suggests a need to monitor cash flow closely. The company’s focus on e-commerce and its range of office furniture positions it well in a competitive market, however.

Registered in England/Wales under the registration number 04541486, with a registered address at CM21 9AN, England, Sawbridgeworth, 26 Bell Street.

WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.