Upholstery Techniques (winchcombe) Limited

Upholstery Techniques Winchcombe Ltd from Gloucester UK is a small, family business active since 2019, employing nineteen people and holding assets valued at £270,329. It operates from a virtual address, a detail that’s a bit odd considering 308 other companies are registered at the same location. The company is led by two directors and owned by two individuals, and boasts a respectable 4.0-star Google rating based on three reviews. They are irregular importers, primarily bringing in various natural fibers, paper yarn, and fabrics made from paper yarn—the last import was recorded one month ago in December 2023.

The company's website, "The Home of Bespoke, Handmade Sofas and Chairs in the Cotswolds," showcases a focus on crafting high-quality, custom-made furniture. It's clear they’re targeting a premium market, offering bespoke designs and emphasizing British craftsmanship. They have a showroom and even encourage visits, recommending personal consultations to ensure customers find their “perfect match.” The site also highlights a range of services, from space planning to fabric selection, and even offers seasonal window displays. It’s a very traditional, hands-on approach to furniture sales.

Financially, Upholstery Techniques Winchcombe Ltd presents a mixed picture. Current assets have decreased by 14% to £270,000, while net assets have also fallen, though less dramatically. Bank borrowings have increased slightly, and cash reserves have also decreased, though not as much. Creditors have also declined, suggesting they’re managing their debts. The company meets the criteria for a small business, with turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. The unaudited financial statements, prepared without the involvement of an auditor, rely on director-reported data.

Overall, Upholstery Techniques Winchcombe Ltd seems to be navigating a challenging environment. While the website and showroom suggest a strong brand and customer focus, the financial data indicates some pressure. It’s likely the fluctuating costs of materials and the competitive furniture market are contributing factors.

Registered in England/Wales under the registration number 12238514, with a registered address at GL1 2EH, United Kingdom, Gloucester, Gloucestershire, 4th Floor Llanthony Warehouse, The Docks.

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