QUALITY FURNITURE CLEARANCE LTD

Active
Company number 14216074Private limited companyIncorporated 2022

Key figures

£2,282-87.5%
Net assets 2024/25
-61.4%
Average annual change 2022/23–2024/25
05 k10 k15 k20 k2022/232023/242024/25

Like most small UK companies, QUALITY FURNITURE CLEARANCE LTD does not publish a profit and loss account in its latest accounts. The figures below come from the balance sheet.

Ratios

2024/25

Sector comparison

SIC 47599

Where the company stands among the 7,394 active companies whose first SIC code is 47599 (Retail of furniture, lighting, and similar (not musical instruments or scores) in specialised store).

Net assets£2,282
Lower than 64% · median £10,753
Total assets£34,296
Lower than 67% · median £78,942
Employees1
Lower than 55% · median 2
Company age4.4 years
Younger than 62% · median 6.8 years

Positions are approximate. Figures come from each company's latest accounts; money and employee figures are compared only with companies that filed accounts in pounds for a period ending in the last two and a half years and are not dormant, so those groups are smaller than 7,394. The line on each bar marks the median.

Summary: QUALITY FURNITURE CLEARANCE LTD

What kind of company is it?

QUALITY FURNITURE CLEARANCE LTD is a private limited company registered with Companies House under company number 14216074. It was incorporated on 5 Jul 2022. Its status is active. The registered office is in Willenhall (WV12). Its nature of business (SIC 2007) is retail of furniture, lighting, and similar (not musical instruments or scores) in specialised store (47599).

How is the company doing financially?

The latest accounts in the database are for 2024/25 (period ending 31 Jul 2025); the company files micro-entity accounts. Net assets were £2,282, down 87.5% on the previous year. Total assets were £34,296 and total liabilities £32,014. The company had an average of 1 employee. Figures are available for 3 financial years (2022/23–2024/25).

How does it compare with similar companies?

Compared with 7,394 active companies whose first SIC code is 47599: By net assets it ranks lower than 64% of them (median £10,753). By total assets it ranks lower than 67% of them (median £78,942). By number of employees it ranks lower than 55% of them (median 2). It is younger than 62% of them (median age 6.8 years).

Who runs and controls the company?

The company has 1 current director. One person with significant control is registered.

When are its next filings due?

The next accounts are due by 30 Apr 2027. The next confirmation statement is due by 18 Jul 2027.

Filed accounts2022/23–2024/25
2022/232023/242024/25
Total assets52,78246,21934,296
Total liabilities37,49328,00132,014
Net assets / total equity15,28918,2182,282
Average number of employees111

A dash (—) means no accounts were filed for that year or the item is not in the accounts; 0 is a zero stated in the accounts. Small companies usually file only a balance sheet, so the profit and loss account is often missing.

History

6 events
  1. Financial year 2024/25 endedAccounts: net assets £2,282, 1 employee
  2. Financial year 2023/24 endedAccounts: net assets £18.2k, 1 employee
  3. Financial year 2022/23 endedAccounts: net assets £15.3k, 1 employee
  4. Ian SHERIFF appointedDirector
  5. Mr Ian Sheriff registered as a person with significant control
  6. Company incorporatedPrivate limited company

Dates as recorded at Companies House: incorporation, name changes, officer appointments and resignations, current persons with significant control, and the end of each financial year with figures in the database. Former persons with significant control are not listed.