furniture 2000 limited Company Information
Company Number
03255340
Next Accounts
Jun 2025
Industry
Retail sale of furniture, lighting equipment and other household articles (other than musical instruments) n.e.c., in specialised stores
Directors
Shareholders
godwin palmier
Group Structure
View All
Contact
Registered Address
mountview court, 1148 high road whetstone, london, N20 0RA
furniture 2000 limited Estimated Valuation
Pomanda estimates the enterprise value of FURNITURE 2000 LIMITED at £131.1k based on a Turnover of £414k and 0.32x industry multiple (adjusted for size and gross margin).
furniture 2000 limited Estimated Valuation
Pomanda estimates the enterprise value of FURNITURE 2000 LIMITED at £0 based on an EBITDA of £-1.5k and a 3.3x industry multiple (adjusted for size and gross margin).
furniture 2000 limited Estimated Valuation
Pomanda estimates the enterprise value of FURNITURE 2000 LIMITED at £161.4k based on Net Assets of £73.5k and 2.2x industry multiple (adjusted for liquidity).
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Furniture 2000 Limited Overview
Furniture 2000 Limited is a live company located in london, N20 0RA with a Companies House number of 03255340. It operates in the retail of furniture, lighting, and similar (not musical instruments or scores) in specialised store sector, SIC Code 47599. Founded in September 1996, it's largest shareholder is godwin palmier with a 100% stake. Furniture 2000 Limited is a mature, micro sized company, Pomanda has estimated its turnover at £414k with declining growth in recent years.
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Furniture 2000 Limited Health Check
Pomanda's financial health check has awarded Furniture 2000 Limited a 2 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 7 areas for improvement. Company Health Check FAQs
2 Strong
1 Regular
7 Weak
Size
annual sales of £414k, make it smaller than the average company (£4.3m)
- Furniture 2000 Limited
£4.3m - Industry AVG
Growth
3 year (CAGR) sales growth of 0%, show it is growing at a slower rate (7.5%)
- Furniture 2000 Limited
7.5% - Industry AVG
Production
with a gross margin of 29.8%, this company has a higher cost of product (40.1%)
- Furniture 2000 Limited
40.1% - Industry AVG
Profitability
an operating margin of -0.4% make it less profitable than the average company (3.5%)
- Furniture 2000 Limited
3.5% - Industry AVG
Employees
with 4 employees, this is below the industry average (27)
4 - Furniture 2000 Limited
27 - Industry AVG
Pay Structure
on an average salary of £33.9k, the company has an equivalent pay structure (£33.9k)
- Furniture 2000 Limited
£33.9k - Industry AVG
Efficiency
resulting in sales per employee of £103.5k, this is less efficient (£171.5k)
- Furniture 2000 Limited
£171.5k - Industry AVG
Debtor Days
it gets paid by customers after 90 days, this is later than average (19 days)
- Furniture 2000 Limited
19 days - Industry AVG
Creditor Days
its suppliers are paid after 40 days, this is slower than average (34 days)
- Furniture 2000 Limited
34 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Furniture 2000 Limited
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Furniture 2000 Limited
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 30.4%, this is a lower level of debt than the average (63.3%)
30.4% - Furniture 2000 Limited
63.3% - Industry AVG
FURNITURE 2000 LIMITED financials
Furniture 2000 Limited's latest turnover from September 2023 is estimated at £414 thousand and the company has net assets of £73.5 thousand. According to their latest financial statements, Furniture 2000 Limited has 4 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
Sep 2023 | Sep 2022 | Sep 2021 | Sep 2020 | Sep 2019 | Sep 2018 | Sep 2017 | Sep 2016 | Sep 2015 | Sep 2014 | Sep 2013 | Sep 2012 | Sep 2011 | Sep 2010 | Sep 2009 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Turnover | |||||||||||||||
Other Income Or Grants | |||||||||||||||
Cost Of Sales | |||||||||||||||
Gross Profit | |||||||||||||||
Admin Expenses | |||||||||||||||
Operating Profit | |||||||||||||||
Interest Payable | |||||||||||||||
Interest Receivable | |||||||||||||||
Pre-Tax Profit | |||||||||||||||
Tax | |||||||||||||||
Profit After Tax | |||||||||||||||
Dividends Paid | |||||||||||||||
Retained Profit | |||||||||||||||
Employee Costs | |||||||||||||||
Number Of Employees | 4 | 3 | 3 | 4 | 3 | 3 | 3 | 3 | |||||||
EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
Sep 2023 | Sep 2022 | Sep 2021 | Sep 2020 | Sep 2019 | Sep 2018 | Sep 2017 | Sep 2016 | Sep 2015 | Sep 2014 | Sep 2013 | Sep 2012 | Sep 2011 | Sep 2010 | Sep 2009 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Tangible Assets | 0 | 0 | 47 | 62 | 82 | 109 | 145 | 193 | 259 | 5,031 | 2,262 | 2,866 | 3,632 | 4,362 | 5,522 |
Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Total Fixed Assets | 0 | 0 | 47 | 62 | 82 | 109 | 145 | 193 | 259 | 5,031 | 2,262 | 2,866 | 3,632 | 4,362 | 5,522 |
Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 19,076 | 19,329 | 18,959 | 20,850 | 18,720 | 22,812 | 24,920 | 25,650 |
Trade Debtors | 102,728 | 103,258 | 99,166 | 115,506 | 81,797 | 70,681 | 83,782 | 20,876 | 10,716 | 14,550 | 8,094 | 20,119 | 16,423 | 12,075 | 14,153 |
Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Misc Debtors | 2,797 | 2,403 | 1,534 | 1,440 | 2,838 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Cash | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 42,242 | 36,228 | 35,178 | 31,075 | 40,183 | 37,498 | 47,824 | 51,838 |
misc current assets | 0 | 0 | 0 | 0 | 0 | 3,379 | 3,425 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
total current assets | 105,525 | 105,661 | 100,700 | 116,946 | 84,635 | 74,060 | 87,207 | 82,194 | 66,273 | 68,687 | 60,019 | 79,022 | 76,733 | 84,819 | 91,641 |
total assets | 105,525 | 105,661 | 100,747 | 117,008 | 84,717 | 74,169 | 87,352 | 82,387 | 66,532 | 73,718 | 62,281 | 81,888 | 80,365 | 89,181 | 97,163 |
Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Trade Creditors | 32,029 | 30,712 | 22,817 | 43,147 | 31,329 | 30,185 | 37,230 | 37,028 | 28,503 | 37,511 | 34,677 | 38,625 | 38,083 | 29,346 | 36,604 |
Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
other current liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
total current liabilities | 32,029 | 30,712 | 22,817 | 43,147 | 31,329 | 30,185 | 37,230 | 37,028 | 28,503 | 37,511 | 34,677 | 38,625 | 38,083 | 29,346 | 36,604 |
loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 2,387 | 6,712 | 10,390 | 13,913 | 0 | 0 | 0 |
provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 866 | 866 |
total long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 2,387 | 6,712 | 10,390 | 13,913 | 0 | 866 | 866 |
total liabilities | 32,029 | 30,712 | 22,817 | 43,147 | 31,329 | 30,185 | 37,230 | 37,028 | 30,890 | 44,223 | 45,067 | 52,538 | 38,083 | 30,212 | 37,470 |
net assets | 73,496 | 74,949 | 77,930 | 73,861 | 53,388 | 43,984 | 50,122 | 45,359 | 35,642 | 29,495 | 17,214 | 29,350 | 42,282 | 58,969 | 59,693 |
total shareholders funds | 73,496 | 74,949 | 77,930 | 73,861 | 53,388 | 43,984 | 50,122 | 45,359 | 35,642 | 29,495 | 17,214 | 29,350 | 42,282 | 58,969 | 59,693 |
Sep 2023 | Sep 2022 | Sep 2021 | Sep 2020 | Sep 2019 | Sep 2018 | Sep 2017 | Sep 2016 | Sep 2015 | Sep 2014 | Sep 2013 | Sep 2012 | Sep 2011 | Sep 2010 | Sep 2009 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Operating Activities | |||||||||||||||
Operating Profit | |||||||||||||||
Depreciation | 0 | 0 | 65 | 86 | 1,678 | 604 | 767 | 977 | 1,160 | 1,474 | |||||
Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||||
Tax | |||||||||||||||
Stock | 0 | 0 | 0 | 0 | 0 | 0 | -19,076 | -253 | 370 | -1,891 | 2,130 | -4,092 | -2,108 | -730 | 25,650 |
Debtors | -136 | 4,961 | -16,246 | 32,311 | 13,954 | -13,101 | 62,906 | 10,160 | -3,834 | 6,456 | -12,025 | 3,696 | 4,348 | -2,078 | 14,153 |
Creditors | 1,317 | 7,895 | -20,330 | 11,818 | 1,144 | -7,045 | 202 | 8,525 | -9,008 | 2,834 | -3,948 | 542 | 8,737 | -7,258 | 36,604 |
Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Deferred Taxes & Provisions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -866 | 0 | 866 |
Cash flow from operations | |||||||||||||||
Investing Activities | |||||||||||||||
capital expenditure | |||||||||||||||
Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
cash flow from investments | |||||||||||||||
Financing Activities | |||||||||||||||
Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -2,387 | -4,325 | -3,678 | -3,523 | 13,913 | 0 | 0 | 0 |
share issue | |||||||||||||||
interest | |||||||||||||||
cash flow from financing | |||||||||||||||
cash and cash equivalents | |||||||||||||||
cash | 0 | 0 | 0 | 0 | 0 | 0 | -42,242 | 6,014 | 1,050 | 4,103 | -9,108 | 2,685 | -10,326 | -4,014 | 51,838 |
overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
change in cash | 0 | 0 | 0 | 0 | 0 | 0 | -42,242 | 6,014 | 1,050 | 4,103 | -9,108 | 2,685 | -10,326 | -4,014 | 51,838 |
furniture 2000 limited Credit Report and Business Information
Furniture 2000 Limited Competitor Analysis
Perform a competitor analysis for furniture 2000 limited by selecting its closest rivals, whether from the WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES sector, other micro companies, companies in N20 area or any other competitors across 12 key performance metrics.
furniture 2000 limited Ownership
FURNITURE 2000 LIMITED group structure
Furniture 2000 Limited has no subsidiary companies.
Ultimate parent company
FURNITURE 2000 LIMITED
03255340
furniture 2000 limited directors
Furniture 2000 Limited currently has 1 director, Mr Godwin Palmier serving since Oct 1996.
officer | country | age | start | end | role |
---|---|---|---|---|---|
Mr Godwin Palmier | 68 years | Oct 1996 | - | Director |
P&L
September 2023turnover
414k
+15%
operating profit
-1.5k
0%
gross margin
29.8%
-2.78%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
September 2023net assets
73.5k
-0.02%
total assets
105.5k
0%
cash
0
0%
net assets
Total assets minus all liabilities
furniture 2000 limited company details
company number
03255340
Type
Private limited with Share Capital
industry
47599 - Retail sale of furniture, lighting equipment and other household articles (other than musical instruments) n.e.c., in specialised stores
incorporation date
September 1996
age
28
incorporated
UK
ultimate parent company
accounts
Micro-Entity Accounts
last accounts submitted
September 2023
previous names
N/A
accountant
-
auditor
-
address
mountview court, 1148 high road whetstone, london, N20 0RA
Bank
-
Legal Advisor
-
furniture 2000 limited Charges & Mortgages
A charge, or mortgage, refers to the rights a company gives to a lender in return for a loan, often in the form of security given over business assets.
We did not find charges/mortgages relating to furniture 2000 limited.
furniture 2000 limited Capital Raised & Share Issues BETA
When a company issues new shares, e.g. to new investors following a funding round, it is required to notify Companies House within one month of making an allotment of shares.
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furniture 2000 limited Companies House Filings - See Documents
date | description | view/download |
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