Bernard Interiors Limited

Bernard Interiors Ltd, based in Newcastle Upon Tyne, UK, is a small, active company founded 16 years ago. With 21 employees and £1,116,088 in assets, it’s a well-established player in the interior design sector. The company, led by two directors and one owner, boasts a stellar 5.0 Google rating from two reviews. It’s a regular importer of furniture, lighting, and prefabricated buildings, with the latest import activity recorded in September 2024.

The company’s website highlights its expertise in interior architectural design, particularly in luxury care home and integrated retirement community design-build projects. Bernard Interiors operates two offices, one in Newcastle and another in London, and even offers commercial residential projects through Bernard London. The site emphasizes creating "exceptional spaces" and powering growth within chosen markets. It also features a blog, press awards, and accreditation details, showcasing its commitment to quality and industry recognition.

Financially, Bernard Interiors Ltd presents a mixed picture. Creditors have increased by 7.3% to £1.2 million, while cash reserves have jumped a significant 49% to £720,000 – a positive sign of improved liquidity. However, net assets have fallen by 27% to £190,000, and equity has also decreased, suggesting potential reinvestment or increased debt. Bank borrowings have been reduced by 41%, which is good. Average number of employees has decreased by 9.5% to 19. Trade debtors have fallen dramatically, by 74%, which could indicate better cashflow management. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for agility, but the decline in equity warrants closer attention. The financial report does not mention an auditor, likely due to its status as a small company.

Overall, Bernard Interiors Ltd appears to be navigating a period of change. While its strong Google rating and focus on high-end design projects suggest a healthy core business, the financial data indicates some challenges. The company's ability to maintain its growth trajectory will depend on its ability to manage its debts and continue attracting high-value projects.

Registered in England/Wales under the registration number 06708986, with a registered address at NE2 1PN, United Kingdom, Newcastle Upon Tyne, The Church, Greystoke Avenue.

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