Cherry Modern Ltd

Cherry Modern Ltd is a small, active company based in London, UK, founded three years ago. With a single employee and £53,779 in assets, it operates from a virtual address shared by forty other companies, a detail that raises some questions. The company is led by a single director and owner, Turkmen Semih, who also serves as the solo founder. It’s a tight-knit operation, with no auditor mentioned, likely due to its small size.

The company’s website reveals a focus on manufacturing and selling bathroom furniture and fireplaces. BeModern UK, as it’s branded, boasts 60 years of experience in the industry, manufacturing a range of products from cast iron stoves to elegant fireplaces and stunning bathroom furniture. It’s clear they’re targeting a broad range of tastes and budgets, with multiple brands and a focus on British craftsmanship. They even have a dedicated Diamond Luxury Fireplaces range, showcasing exquisitely designed electric fireplaces. Their website highlights a focus on innovation, state-of-the-art techniques, and a lifetime guarantee on their bathroom furniture—all hallmarks of a company striving for quality.

Financially, Cherry Modern Ltd’s picture is a little mixed. While the company’s net assets are a modest £680, cash reserves are a reasonable £11,000. However, creditors have increased to £54,000, and trade debtors are at £32,000, suggesting some challenges in managing payments. Dividend declared payable is also a large sum at £31,000. The company meets the criteria for a small company, with turnover under £10.2m, assets under £5.1m, and fewer than 50 employees. The significant increase in creditors, however, could indicate a reliance on short-term financing. It's possible the company is investing in growth, but careful management of cash flow will be essential.

Registered in England/Wales under the registration number 13506661, with a registered address at W4 5YA, United Kingdom, London, C/O Ida&Co Building 3 Chiswick Business Park, 566 Chiswick High Road.

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