Woodpecker Furniture Limited

Woodpecker Furniture Ltd from Radstock UK: a small, active company founded 17 years ago, employs 25 people, and holds £1,162,575 in assets. It has a real address, is run by three directors and a solo founder, and enjoys a perfect 5.0 Google rating from 87 reviews. The company regularly imports furniture, lighting, and prefabricated buildings – a total of 40 months of import activity.

The company operates as a factory outlet, offering a wide range of furniture and home décor items. Its website showcases a diverse selection, from sofas and chairs to beds, mattresses, and bedroom furniture, alongside a range of accessories and garden items. It's clear the business caters to a broad audience, with options ranging from traditional oak furniture to modern painted pieces. The site also highlights a "Keen Pine Direct" industrial range and a selection of Indian-inspired pieces, suggesting a focus on variety and unique finds. It’s a busy site, and it’s easy to get lost in all the options.

Financially, Woodpecker Furniture Ltd shows some concerning trends. While current assets remain stable at £1,200,000, equity dropped significantly by 14% to £360,000. Bank borrowings have increased dramatically by 1700% to £170,000, and cash reserves have plummeted 85% to £25,000. Trade debtors have also increased by 19%, which could be a sign of customers taking longer to pay. The company’s small size (meeting two of three conditions for being classified as small) helps with agility, but the decrease in equity is something to watch. There’s no auditor mentioned, so the figures are unaudited.

Overall, Woodpecker Furniture Ltd seems to be navigating a challenging period. While its website and Google rating suggest a loyal customer base, the financial data indicates a need for careful management. It's likely the company is working to balance growth with profitability, but the sharp drop in cash reserves is a cause for concern.

Registered in England/Wales under the registration number 06502481, with a registered address at BA3 4BD, England, Radstock, C/O Woodpecker Furniture Limited Charlton Lane, Midsomer Norton.

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