Alliance Blinds Limited

Alliance Blinds Ltd, based in Kingswinford, UK, is a small, active company founded nine years ago in December 2015. With four employees and £142,692 in assets, it operates as a family business with three directors and two owners. The company runs an e-commerce site and is an irregular importer, having imported miscellaneous metal items for just two months, with the last import occurring in December 2017. The registered address is likely virtual, as 242 companies are registered there.

The company’s core business involves wholesale of textiles, and it appears to be a modest operation. The website isn’t available for review, so it's difficult to assess the scale of the e-commerce side.

Financially, Alliance Blinds Ltd presents a mixed picture. Accumulated depreciation for furniture fittings increased by 31%, while motor vehicle depreciation rose by a smaller 6.5%. Plant machinery depreciation saw a more substantial 25% increase. The number of employees decreased by 25% to three. Bank borrowings increased by 4.2% to £6,300, and cash reserves fell by 27% to £81,000. Creditors increased by 10% to £100,000, and trade debtors rose by 8% to £60,000. Equity significantly declined by 56% to £26,000, and net current assets fell by 46% to £42,000. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it remain flexible, but the drop in equity is concerning. The unaudited financial statements, prepared by Wilkes Tranter & Co Limited, don’t mention an auditor.

Overall, Alliance Blinds Ltd seems to be navigating a challenging period. While its family structure and e-commerce presence offer potential strengths, the declining equity and reduced cash reserves suggest it's burning through money. It’s difficult to say for sure, but the company might need to carefully manage its expenses and explore new revenue streams to ensure long-term sustainability.

Registered in England/Wales under the registration number 09931527, with a registered address at DY6 9HS, England, Kingswinford, West Midlands, Brook House, Moss Grove.

WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.