Urban Furniture Ltd.

Urban Furniture Ltd from Kilmarnock UK: small company, active status, founded 20 years ago, 2 employees, £74,509 assets, real address, 3 directors, 1 owner. Regular importer of furniture, lighting, and prefabricated buildings (48 months imported). It’s a small company as it met two conditions of three: turnover less than £10.2 million, balance sheet less than £5.1 million, employees less than 50. The last reported current assets is £74,509.

Urban Bedrooms Ltd operates a showroom and online store specializing in sliding wardrobes across the north east. With over 20 years of experience, they offer design, installation, and a wide range of materials and styles to suit any space. The company’s website highlights a commitment to maximizing space and adding style, with a focus on bespoke, handmade sliding doors. They even beat like-for-like quotes, offering competitive pricing and a family-run personal touch. They have a showroom appointment only.

Financially, Urban Furniture Ltd has seen some changes. Cash reserves have dropped by 43% to £44,000, while bank borrowings have increased to £27,000. Creditors have also decreased significantly, falling by 68% to £37,000. The company’s net assets have seen a substantial increase, rising by 1000% to £20,000. While the decline in cash might indicate increased investment or operational expenses, the decrease in creditors suggests improved debt management. The lack of an auditor mentioned (likely exempt as a small company) means the figures rely on unaudited statements.

The company’s focus on bespoke furniture and its family-run business model seem to be strengths. However, the fluctuating financial numbers indicate a need for careful monitoring and strategic planning to ensure long-term stability.

Registered in Scotland under the registration number SC280050, with a registered address at KA3 6HX, Scotland, Kilmarnock, East Ayrshire, Block 1, Brunthill Farm, By Fenwick.

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