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Cult Furniture Ltd

07415993

active
Private Limited Company
england wales
Companies House
Health Score
88 / 100

Healthy

30/30
Filing
20/30
Financial
38/40
Risk
  • Going concern doubt noted in accounts (-10)
  • 1 outstanding charge (-2)

Details

UNIT 2G, LONDON, SW4 6JP
Incorporated 22/10/2010

Compliance

Last accounts

31/12/2024

full

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 22/10/2025

Due 05/11/2026

On track

Industry

47910
Retail sale via mail order houses or via Internet

Officers

Mrs Rabia Iqbal

secretary · Since 22/10/2010

Mr Faisal Iqbal

director · Since 22/10/2010

DIRECTOR

BRITISH · ENGLAND · Age 52

Also on 4 other boards

Persons with Significant Control

Faisal Iqbal

50–75% shares
50–75% votes
Appoint directors

English · England · Age 52

Unit 2g, 20-22, Union Road, London, SW4 6JP

Notified 09/11/2025

Former PSCs

Mr Faizal Iqbal

Ceased 10/11/2025

Cult Furniture Group Ltd

Ceased 31/12/2018

Charges1 outstanding

Charge
outstanding

METRO BANK PLC

Created 19/12/2019Registered 20/12/2019

CompanyRankvs 1948+ SIC 47910 peers
66

Financial strength99th percentile among SIC peers · 25/25
Employees100th percentile among SIC peers · 15/15
LiquidityCurrent ratio 1.57× · 16/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10Outstanding charges -10
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1948Cult Furniture Ltd
82
How is this score calculated?
Financial strength25/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees15/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity16/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity15/15 pts

One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.

Filing compliance15/15 pts

Full 15 points when both annual accounts and confirmation statement are filed on time. Points are deducted for each overdue filing.

Risk deductions

Going concern doubt: -10 pts

Outstanding charges: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Going Concern Doubt

performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the entity's ability to continue as a going concern for a period of at least 12 months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the directors with respect to going concern

Key FinancialsYear ending 31/12/2025

Turnover

£13.9M

Annual revenue

Net Worth

£1.7M

Balance sheet strength

Cash

£1.9M

Cash in the bank

Profit Before Tax

£1.2M

Bottom line earnings

Net Current Assets

£1.7M

Working capital

Current Assets

£4.6M

Current Liabilities

£2.9M

Fixed Assets

£254k

Debtors

£905k

Cost of Sales

£6.4M

Gross Profit

£7.5M

Admin Expenses

£6.3M

Operating Profit

£1.2M

Profit After Tax

£869k

65avg. employees+1

Tax at Year End

Corp tax£260k
Dividends paid-£170k

People Costs

Wages & salaries£2.0M
NI contributions£229k

Balance Sheet

Intangible assets£160k
Interest payable£55k
Assets less current liabilities£1.9M
Signed by Mr Faisal Iqbal 08/09/2026Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20251.57+£669k
20241.34-£28k
20231.47—

Derived from filed accounts. Not audited figures.