Ultima Furniture Systems Limited

Ultima Furniture Systems Ltd, based in Pontefract, West Yorkshire, is a large, holding company with an active status, having been incorporated 39 years ago in 1985. The company employs 464 people and holds assets valued at £16,703,698, generating a yearly revenue of £103,666,872. With four directors and one owner, the business has a real address and a Google rating of 3.0 based on 29 reviews. Ultima Furniture Systems is a regular importer of furniture, lighting, and prefabricated buildings, having imported for 126 months, with the last import operation made on February 01, 2025. It’s an irregular exporter of the same goods, having exported for just two months, with the last export operation made on November 01, 2022.

The company’s website, Ultima Kitchens, focuses on bespoke kitchen design and manufacturing. It highlights the ability to offer an infinite number of colour options and emphasizes the quality of its components. The site showcases several kitchen ranges, including the Mons, Brayton, and Acomb collections, each with its unique design features. Ultima Kitchens also offers a range of accessories, storage solutions, and finishing touches. The website clearly functions as an e-commerce platform, allowing customers to browse products and request brochures.

Financially, Ultima Furniture Systems Ltd presents a mixed picture. Current assets have fallen by 29%, dropping to £17,000,000, while net assets have also decreased, falling 3.5% to £47,000,000. Bank borrowings have increased significantly, rising 88% to £38,000,000, and cash reserves have plummeted 88%, down to £1,300,000. However, creditors have decreased by 77%, suggesting improved debt management. The company’s large size (meeting two of three criteria for a large company) and substantial revenue indicate a significant operation. No auditor is mentioned, likely due to exemption as a large company, so the figures are unaudited.

The sharp decline in cash reserves and the increase in bank borrowings are concerning, potentially indicating increased operational expenses or investment in growth. However, the decrease in creditors suggests the company is managing its short-term liabilities effectively. The company’s focus on kitchen manufacturing and the strength of its online presence suggest a solid foundation, but the financial pressures will need to be addressed to ensure long-term sustainability.

Registered in England/Wales under the registration number 01918871, with a registered address at WF9 3NR, England, Pontefract, West Yorkshire, 30 Lidgate Crescent Langthwaite Grange Industrial Estate, South Kirkby.

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