Bracey Interiors Ltd

Bracey Interiors Ltd, based in Chippenham, UK, is a small, active family business established 21 years ago. With six employees and £249,512 in assets, it operates from a virtual address, a fact highlighted by the presence of 891 companies registered at the same location. The company is managed by three directors and owned by two individuals, Alison and Benjamin Bracey. It boasts a respectable Google rating of 4.0 based on ten reviews and regularly imports furniture, lighting, and prefabricated buildings—the last import operation was made in June 2022.

The company’s website showcases a focus on interior design services, particularly in Bristol, with a history dating back to the 1980s. It offers design and build solutions, operating from a physical address in Clifton, Bristol, and open Monday to Saturday. The website also features a dedicated section for suppliers and a contact form for inquiries. The company’s services include living room, kitchen, bedroom, and bathroom design, as well as joinery, exterior work, and soft furnishings.

Financially, Bracey Interiors Ltd presents a mixed picture. While current assets increased by 16% to £250,000, equity decreased by 40% to just £3,700. Bank borrowings fell by 12%, and cash reserves declined by 44% to £36,000. Trade debtors increased by 38%, suggesting potential issues with customer payments. 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 flexibility, but the decrease in equity is a cause for concern. The accounts are unaudited, as is common for small companies, and there’s no auditor mentioned.

Overall, Bracey Interiors Ltd seems to be navigating a period of transition. The company’s strong reputation and focus on bespoke design offer a solid foundation, but the financial figures suggest a need for careful management to ensure long-term stability.

Registered in England/Wales under the registration number 04812627, with a registered address at SN15 3HR, England, Chippenham, Wiltshire, The Old Post Office, 41-43 Market Place.

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