Creative Home Interiors Limited

Creative Home Interiors Ltd, based in Leicester, UK, is a small, active company founded 10 years ago. Employing just three people, the business holds £414,848 in assets and operates from a virtual address – twenty-five other companies are registered at the same location. It's led by one director and owner, and boasts a stellar 5.0 Google rating from 55 reviews. The company is an irregular importer, primarily bringing in basic metal tools and utensils, with its last import operation recorded one month ago.

The company's website is not available, so it’s difficult to ascertain the exact nature of its operations. However, it appears to be involved in the wholesale of household goods, operating within the industries sector.

Financially, Creative Home Interiors Ltd presents a mixed picture. Current assets have decreased by 24%, falling to £410,000, while net assets have plummeted by a staggering 1800%, landing at -£330,000. Bank borrowings have decreased by 40%, reducing to £6,500, and cash reserves have fallen by 74%, leaving just £180. Creditors have increased by 29%, reaching £760,000, and trade debtors have increased by 710%, reaching £250,000. The company’s small size—meeting two of three conditions for a small company—allows for agility, but the significant drop in equity is concerning. There is no auditor mentioned, likely due to the company’s exemption status as a small entity.

The substantial increase in trade debtors suggests that the company is struggling to collect payments from its customers, or perhaps has expanded its credit terms to attract more business. The large increase in creditors, combined with the decrease in cash reserves, indicates that the company is relying heavily on borrowing and may be struggling to manage its short-term financial obligations. It's possible the company is experiencing a period of rapid growth, but it needs to carefully manage its cash flow to avoid potential financial difficulties.

Registered in England/Wales under the registration number 09300831, with a registered address at LE1 5QQ, England, Leicester, Rutland House, 23-25 Friar Lane.

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