INNOVATIVE FURNITURE SOLUTIONS PTE. LTD.

Business Description

INNOVATIVE FURNITURE SOLUTIONS PTE. LTD. is registered as a business entity on 23 July 2019 (5.5 years ago) structured as a Exempt Private Company Limited By Shares (Local Company) with 2 officer(s) in-charge. The business jurisdiction is overseen by the Accounting and Corporate Regulatory Authority (ACRA), a government agency from Singapore with the given Business Registration Number / Unique Entity Number (UEN) 201923865H. The business official address is located at 81 Tagore Lane #03-09, Tag A, Singapore 787502 in the primary industry of 46439: Wholesale Of Furniture, Home Furnishings And Other Household Equipment N.e.c. using Singapore Dollars - SGD as its default trading currency. The business name remains unchanged since inception. The business annual account filing date falls on 31 January and is currently operational with the status of 'Live Company'. The business paid up share capital is SGD 25,000, with preference share capital of SGD 0, and other share capital at SGD 0.

In the past 365 days, INNOVATIVE FURNITURE SOLUTIONS PTE. LTD. has received a total of Login to view reported payment review(s). 12 were rated Good and Login to view were rated Poor. The latest review was made on 2023-06-19 and it was reported "Good". The aggregated good payment amount is equivalent to USD 9,216, and aggregated poor payment amount is equivalent to USD Login to view. Its current payment rating of "A" suggest a healthy payment culture where settlement with stakeholders is always prioritised. Since the business is currently active, it also signals positive financial standing. The lack of an appointed auditor indicates that the business is small sized as it did not meet the regulatory requirements of revenue or assets exceeding SGD 10 million, or has more than 50 employees in the previous two fiscal years.

INNOVATIVE FURNITURE SOLUTIONS PTE. LTD. is not yet a Prompt Payment Initiative Signatory.

Last updated on 30 April 2023