THE FURNITURE PRACTICE LIMITED

Company TypePrivate Limited
Company Number03470956
Incorporated1997-11-19
IndustryNon-specialised wholesale trade
Websitewww.thefurniturepractice.com
Phone Number020 7549 5454

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Summary

THE FURNITURE PRACTICE LIMITED was formed on the 19th November 1997 (filed on the 31st October 2017) , and are based in 13 Northburgh Street, London. They are currently rated C and are considered to represent a below average risk score. Their credit score was last updated on 10th November 2017 when it was downgraded to the current C from B. Companies house classifies them as Full Accounts. This information was last updated on the 14th December 2017.

In 2017, they made a post-tax profit of £235,847 on a turnover of £18,282,667 (down 71% from 2016) .

Addresses

Registered address

31 Pear Tree Street
London
EC1V 3AG

Trading addresses

13 Northburgh Street
London
EC1V 0JP
56-58 Clerkenwell Rd,
London
EC1M 5PX
31 Pear Tree Street
London
EC1V 3AG
2 more trading addresses not shown.

Financials

30th June 2017 30th June 2016 30th June 2015 30th June 2014 30th June 2013
Cash £619,217 £1,139,892 £1,915,640 £527,572 £1,268,609
Tangible net worth £790,588 £604,741 £1,236,073 £692,020 £449,390
Current liabilities £4,872,192 £4,507,949 £2,859,426 £1,846,450 £4,596,594
Current assets £5,133,947 £4,508,722 £3,999,028 £2,406,445 £4,877,461
30th June 2017 30th June 2016 30th June 2015 30th June 2014 30th June 2013
Solvency ratios
Current ratio 1.05 1.00 1.40 1.30 1.06
Efficiency ratios
Return on assets 0.04 0.16 0.25 0.09 0.09
Return on capital employed 0.40 1.51 1.09 0.49 1.33
Gearing ratios
Debt to equity ratio 627.41 589.08 365.79 237.57 588.65
Equity ratio 0.00 0.00 0.00 0.00 0.00
Debt ratio - - - - -
Other ratios
Debtor days - - - - -
Interest cover 15.40 129.94 - - -

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Details of 6 mortgages available.

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