Chelsea Mclaine Ltd

Chelsea Mclaine Ltd, based in Busby, UK, is a small, active company established 23 years ago. With six employees and £1,261,799 in assets, it operates from a real address and is overseen by three directors and one owner. The company enjoys a stellar 5.0 Google rating based on four reviews. It’s a regular importer, specializing in furniture, lighting, and prefabricated buildings, with 19 months of import activity recorded.

The company’s website showcases Chelsea Mclaine as a Glasgow-based interior design studio specializing in residential and commercial projects. It offers a personalized design service and boasts a portfolio of projects ranging from traditional tenements to modern student pads. The website highlights its commitment to “fabulous, functional, and with flare,” and directs visitors to its Instagram page. It’s clear that the business focuses on high-end design services, rather than direct e-commerce sales.

Financially, Chelsea Mclaine Ltd presents a mixed picture. While current assets remained stable at £1.3 million, net assets decreased by 7%, dropping to £1.2 million. Cash reserves took a significant hit, falling 36% to £550,000. Trade debtors increased substantially by 62%, suggesting potential issues with customer payments. However, creditors also decreased by 24%, which could indicate improved debt management. The company’s small size (meeting two of three criteria for a small company) helps it remain flexible, but the decline in equity warrants closer attention. The lack of an auditor mentioned suggests it’s exempt as a small company, and the figures are unaudited.

Overall, Chelsea Mclaine Ltd appears to be navigating a period of change. While its design services seem well-regarded, the financial data reveals some pressures. Whether the company can maintain its strong reputation and address these financial challenges remains to be seen.

Registered in Scotland under the registration number SC220857, with a registered address at G76 8SE, Busby, Glasgow, The Old Forge, 28 Field Road.

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