How much does Furniture Express (North West) Limited make?

Furniture Express (North West) Limited reported revenue of £202k and a loss of £5.4k in the year to 31 Oct 2023, according to its accounts filed at Companies House.

How many employees does Furniture Express (North West) Limited have?

Furniture Express (North West) Limited reported an average of 2 employees in the year to 31 Oct 2023.

Is Furniture Express (North West) Limited profitable?

No — Furniture Express (North West) Limited reported a loss of £5.4k in the year to 31 Oct 2023.

Company No. 04490841 · Incorporated 22 Jul 2002

Furniture Express (North West) Limited

Registered name: FURNITURE EXPRESS (NORTH WEST) LIMITED

Furniture Express (North West) Limited made £202k revenue and a £5.4k loss in the year to 31 Oct 2023.

Furniture Express (North West) Limited’s revenue grew 3% to £202k in the year to 31 Oct 2023, with a loss of £5.4k and 2 employees. The company is classified under “retail of furniture, lighting, and similar (not musical instruments or scores) in specialised store” and is based in Barrow in Furness; we hold 2 years of its filed accounts.

Full P&L filedSection G · Wholesale and retail trade; repair of motor vehiclesSIC 47599Retail of furniture, lighting, and similar (not musical instruments or scores) in specialised store

Status: Active - Proposal to Strike off
Location: Barrow in Furness, North West
Age: 24 yrs · since 2002
Type: Private Limited Company

Latest accounts · year to 31 Oct 2023

Key figures

IndependentSmall team

Revenue

£202k

Growth ▲2.8%

Profit

−£5.4k

Growth ▼252.1%

Profit margin

−2.7%

Gross 35.4%

Employees

Change 0%

Profit / employee

−£2.7k

Revenue/employee £101k

Profitable streak

0yrs

Consecutive profitable years in our data

Badges are automated estimates derived from the filed figures — not statements of fact about the company.

2 filed years

Financial history

Multi-year financials, oldest to newest
Year to	31 Oct 2022	31 Oct 2023
Disclosure	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£196k	£202k
Cost of sales	£114k	£130k
Gross profit	£82.2k	£71.3k
Operating profit	£3.6k	−£5.4k
Profit before tax	£3.6k	−£5.4k
Profit after tax	£3.6k	−£5.4k
Profit (best available)	£3.6k	−£5.4k
Employees (average)	2	2
Ratios
Profit margin	1.8%	−2.7%
Gross margin	41.9%	35.4%
Revenue per employee	£98.1k	£101k
Profit per employee	£1.8k	−£2.7k
Growth (year on year)
Revenue growth	—	▲2.8%
Profit growth	—	▼252.1%
Headcount growth	—	0%
Balance sheet — indirect signals, not revenue
Cash at bank	£4.8k	£59
Net assets	−£26.4k	−£69.1k
Fixed assets	£23.9k	£21.5k
Current assets	£19.9k	£59
Debtors	£0	£0
Deferred income	£0	—
Source	FullAccounts · bulk data Nov 2023	FullAccounts · bulk data Nov 2023

Derived from the latest filing

How the business works

Profit margin: −2.7%; Profit ÷ revenue.
Gross margin: 35.4%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £101k; Revenue ÷ average employees.
Profit per employee: −£2.7k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 10.7%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: —; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 0%; Money owed by customers. Low = customers pay quickly.

Indirect — not revenue

Balance-sheet signals

Year-on-year changes in filed balance-sheet items. They can hint at momentum (or investment) but are not revenue or profit and must not be read as such.

Net assets: —; Now −£69.1k
Cash at bank: ▼99%; Now £59
Headcount: 0%; Now 2
Deferred income: —; Now —
Fixed assets: ▼10%; Now £21.5k

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Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Oct 2023 (profit −£5.4k), from the Companies House accounts bulk data published Nov 2023. Spotted an error? Request a correction.

Contains public sector information from Companies House licensed under the Open Government Licence v3.0. Data from Companies House, © Crown copyright. View the licence.