Company Overview
The Furniture Union Limited is a Dissolved Private Limited Company.
Registered Address

29Th Floor 40 Bank Street, London, E14 5NR
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Companies House Data
Company NameTHE FURNITURE UNION LIMITED
Company Number03385545
Registered Office Address29th Floor 40 Bank Street
 E14 5NR
Company CategoryPrivate Limited Company
Company StatusDissolved
Country of OriginUnited Kingdom
Incorporation Date12/06/1997
Accounting Reference Date Day31
Accounting Reference Date Month7
Accounts Next Due Date30/04/2023
Accounts Last Made Up Date31/07/2021
Accounts Account CategoryTOTAL EXEMPTION FULL
Returns Next Due Date10/07/2017
Returns Last Made Up Date12/06/2016
Directors & Members
Show Resigned
Krystabelle Gough-Mackay - Director
(British, 38 years old, born March 1988)
Appointed 10 March 2020
Active
Secretaries
Show Resigned
Other Company Directorships
Krystabelle Gough-Mackay
No companies found
Balance Sheet Unlock full report
Accounts Date 31-Jul-2021 31-Jul-2020 31-Jul-2019
Balance Sheet
Fixed Assets 9,889 47,300 100,935
Current Assets 1,431,732 1,443,182 2,722,822
Creditors Due Within One Year 917,069 750,863 611,043
Working Cap 514,663 692,319 2,111,779
Total Assets Less Current Liabilities 524,552 739,619 2,212,714
Long-term Liabilities 470,000 600,000 0
Net Assets 54,552 139,619 2,212,714
Share Capital & Reserves
Share Cap - - -
Profit & Loss Reserves - - -
Other Reserves - - -
Shareholders Funds 54,552 139,619 2,212,714
Common Size Financial Analysis Unlock full report
Accounts Date 31-Jul-2021 31-Jul-2020 31-Jul-2019
Tangible Fixed Assets - - -
Fixed Assets 0.7% 3.2% 3.6%
Stocks Inventory - - -
Debtors 74.7% 37.5% 35.4%
Cash Bank In Hand 9.3% 44.5% 53.2%
Current Assets 99.3% 96.8% 96.4%
Creditors Due Within One Year 63.6% 50.4% 21.6%
Net Current Assets Liabilities 35.7% 46.4% 74.8%
Creditors Due After One Year - - -
Accruals Deferred Income - - -
Provisions For Liabilities Charges - - -
Net Assets Liabilities Including Pension Asset Liability - - -
Called Up Share Capital - - -
Share Capital Allotted Called Up Paid - - -
Profit Loss Account Reserve - - -
Shareholder Funds 3.8% 9.4% 78.4%
Capital Employed - - -
Total Assets Less Current Liabilities 36.4% 49.6% 78.4%
Financial Ratio Analysis Unlock full report
Accounts Date 31-Jul-2021 31-Jul-2020 31-Jul-2019
Liquidity Ratio 1.6 1.9 4.5
Solvency Ratio 1.0 1.1 4.6
Reserves to Assets - - -
Secured Creditors Unlock full report
Mortgages Charges 3
Mortgages Outstanding 2
Mortgages Part Satisfied 0
Mortgages Satisfied 1
Assets and Debt Analysis Unlock full report
Accounts Date 31-Jul-2021 31-Jul-2020 31-Jul-2019
Assets 1,441,621 1,490,482 2,823,757
Debt 1,387,069 1,350,863 611,043
Net Assets/Debt 54,552 139,619 2,212,714
Public Record Information Unlock full report
Exact Court Judgements
Period of Months Last 12m 13-24m 25-36m 37-48m 49-60m 61-72m
Number of Exact CCJS X Y Y X X Y
Value of Exact CCJS YXY YK S S X KX
Supplier Credit Limits Unlock full report
Date Sector Notified Amount Terms
XK-SXY XKXYXK SXSKXYXK £X,000 XS XYSKS
SK-SYY SKXYXKYKKY KSXX KKXXYXS £YY,000 YS XYSKS SK YXXSXS
YK-SXY XKXYXYYK SXSXYXK £SX,000 XS XYSKS
Payment Records Unlock full report
Payment Records from it's suppliers' company ledger show how a company is paying its suppliers

Payment Analysis

Total Invoices Paid Before
30 days due
Paid After
30 days due
Owing Before
30 days due
Owing after
30 days due
XYX SX K YX X
Company Valuation Analysis Unlock full report

Going Concern Valuation

The going concern valuations value the company on the basis that it continues to trade without the threat of liquidation for the foreseeable future. These valuations are primarily profit and cashflow based.

Valuations Valuation Measures
Estimated High Value £XSI,000 Retained Profit £YX,000
Estimated Mid Value £YY,000 EBIT £SY,000
Estimated Low Value £X,000 EBITDA £SSX,000

Liquidation Valuation

The liquidaton valuation values the company as if it were to cease trading and assets were subject to rapid disposal to cover liabilities. This valuation is primarily asset based.

Valuations Valuation Measures
Estimated High Value £XY,000 Total Assets £XIX,000
Estimated Mid Value £Y,000 Net Assets £YX,000
Estimated Low Value £S,000 Tangible Equity £SX,000

The above valuations are based on our own algorithms and take no account of many factors that can influence actual valuations realized and should not therefore be assumed to be accurate.

Credit Status Checklist Unlock full report
Business Growth Please purchase a report to see true comments
EBITDA Purchase a report to see true comments
Dividends Please purchase a report to see true comments about this company
Retained Profits Retained Profits for this company
Debt Interest Debt Interest for this company
Cash Flow Cash Flow for this company
CCJs CCJs for this company
Age of Company Age of Company for this company
Solvency Solvency for this company
Secured Creditors Secured Creditors for this company
Ownership Ownership for this company


First Report Score: (0-10) X
Financial Status Guide:
10 Very Strong
9 Strong
8 Very Good
7 Good
6 Above Average
5 Average
4 Below Average
3 Poor
2 Weak
1 Very Weak
0 Critical

Risk Score Trend

Risk Rating Unlock full report

This is the credit risk assessment used by one of the top UK credit reference agencies.

Risk Score (1-100) X
Risk Band Description XXMXMXMX SISX
Risk Assessment Meeting of Creditors
Credit Rating XSKX
Altman Z Score Credit Risk Rating Unlock full report

There have been many bankruptcy predictors developed, however none has been so thoroughly tested and broadly accepted as the Altman Z-Score.

Z Score X
Risk Band XY
Risk Band Description The Z Score is not used for small companies where full accounts are not filed because profit and loss account items are required to calculate the score.

Z Score Bands

1 Low Risk 3.00 and above
2 Caution 2.63 - 2.99
3 Risk of Failure within 2 years 1.24 - 2.62
4 High Probability Failure Below 1.24
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Document Filings
Final Gazette dissolved following liquidation
Return of final meeting in a creditors' voluntary winding up
Liquidators' statement of receipts and payments to 29 August 2023
Notice to Registrar of Companies of Notice of disclaimer
Registered office address changed from 3rd Floor North, the Forum 74-80 Camden Street London NW1 0EG England to 29th Floor 40 Bank Street London E14 5NR on 12 September 2022
Statement of affairs
Appointment of a voluntary liquidator
Resolutions
Confirmation statement made on 12 June 2022 with no updates
Confirmation statement made on 12 June 2021 with no updates
Registered office address changed from 20 Havelock Road Hastings East Sussex TN34 1BP United Kingdom to 3rd Floor North, the Forum 74-80 Camden Street London NW1 0EG on 11 January 2021
Previous accounting period extended from 30 June 2020 to 31 July 2020
Previous accounting period shortened from 30 September 2020 to 30 June 2020
Confirmation statement made on 12 June 2020 with updates
Notification of Krystabelle Sands Gough-Mackay as a person with significant control on 10 March 2020
Cessation of Amanda Taylor-Jones as a person with significant control on 10 March 2020
Registration of charge 033855450003, created on 29 May 2020
Registration of charge 033855450002, created on 11 May 2020
Registered office address changed from 3rd Floor North, the Forum 74-80 Camden Street London NW1 0EG England to 20 Havelock Road Hastings East Sussex TN34 1BP on 12 May 2020
Director's details changed for Krystabelle Sands Gough-Mackay on 12 May 2020
Satisfaction of charge 1 in full
Termination of appointment of Amanda Taylor-Jones as a director on 10 March 2020

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