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WELCOME FURNITURE LTD.

Company TypePrivate Limited
Company Number06713485
Incorporated2008-10-02
IndustryManufacture of other furniture
Websitewww.welcomefurniture.co.uk
Phone Number01286 662950
Net Profit MarginPost-Tax Profit / Revenue (%)

Not Verified

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Summary

WELCOME FURNITURE LTD. was formed on the 2nd October 2008 (filed on the 11th December 2015) , and are based in Gwynedd, Unit 1. They are currently rated B and are considered to represent a below average risk score. Their credit score was last updated on 22nd December 2015. Companies house classifies them as Full Accounts. This information was last updated on the 8th June 2016.

In 2015, they made a post-tax profit of £623,628 on a turnover of £12,548,772 (down 19% from 2014) .

There is 1 major shareholder listed for WELCOME FURNITURE LTD. with Welcome Holdings Ltd owning the most shares by value.

Addresses

Registered address

Welcome Furniture
1 Cibyn In Est
Caernarfon
Gwynedd
LL55 2BD

Trading address

Unit 1
Cibyn Industrial Estate
Caernarfon
Gwynedd
LL55 2BD

Financials

31st March 2015 31st March 2014 31st March 2013 31st March 2012 31st March 2011
Cash £49,685 £14,766 £5,475 £13,718 £2,757
Tangible net worth £711,789 £1,594,602 £1,410,014 £1,296,253 £860,941
Current liabilities £3,252,020 £2,923,604 £3,871,458 £3,491,060 £3,890,699
Current assets £3,963,809 £3,440,016 £3,943,037 £3,343,675 £3,066,464
31st March 2015 31st March 2014 31st March 2013 31st March 2012 31st March 2011
Solvency ratios
Current ratio 1.22 1.18 1.02 0.96 0.79
Efficiency ratios
Return on assets 0.16 0.17 0.08 0.09 -
Return on capital employed 1.03 0.53 0.40 0.36 -
Gearing ratios
Debt to equity ratio 21.68 19.82 26.94 25.47 32.48
Equity ratio 0.04 0.03 0.03 0.03 0.03
Debt ratio - 0.00 0.01 0.04 -
Other ratios
Debtor days - - - - -
Interest cover 9.81 99.23 - 43.11 -

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