Aura Interiors Ltd

Aura Interiors Ltd, based in Plymouth, UK, is a small, active company established twenty years ago in 2004. Employing just two people, it holds £247,032 in assets and operates from a virtual address shared by thirteen other companies – a bit unusual. The business is managed by two directors and has one owner, Sood Netra.

The company’s core activity involves wholesale of furniture, carpets, and lighting equipment. It’s a regular exporter of glass and glassware, with seven months of export activity recorded as of September 2023. However, it’s an irregular importer of aluminum and aluminum products, with just one month of import activity dating back to December 2019. There’s no website to analyze, so it’s unclear how they market their products.

Financially, Aura Interiors Ltd shows a mixed picture. Current assets remained relatively stable at £250,000, but equity plummeted 56% to just £1,400. Bank borrowings decreased by 40% to £48,000, and cash reserves increased by 22% to £40,000. Trade debtors increased by 9.7% to £170,000, suggesting a possible increase in credit sales. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) means it’s exempt from an audit, so the figures are unaudited.

The sharp decline in equity is a cause for concern, despite the improved cash position. It’s possible that the company has been reinvesting heavily in its business, but the decrease warrants further investigation. The company’s irregular import activity and reliance on a shared virtual address also raise questions about its operational efficiency.

Registered in England/Wales under the registration number 05257252, with a registered address at PL7 4QG, England, Plymouth, The Office, Boringdon Park 55 Plymbridge Road, Plympton.

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