Decor Bay Ltd

Decor Bay Ltd, based in Middlesbrough, UK, is a small, active company founded four years ago. With just one employee and £5,134 in assets, it’s a compact operation led by a single director and owner. The business enjoys a stellar 5.0 Google rating from nine reviews, suggesting satisfied customers. The company operates in the retail sale via mail order houses or via internet industries.

The company’s website, while not fully detailed, points to an e-commerce focus, likely selling decorative items or home goods. The limited information suggests a lean, online-driven business model.

Financially, Decor Bay Ltd presents a mixed picture. Current assets have fallen by a significant 54%, dropping to £5,100. Equity has also declined by 40%, now standing at £3,200. Bank borrowings have increased, and cash reserves have decreased by 74%, leaving just £130. Creditors have also fallen by 58%, which could indicate better management of short-term debts. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it remain flexible, but the decline in equity is concerning. The accounts are unaudited, and no auditor is mentioned.

Overall, Decor Bay Ltd seems to be facing some financial headwinds. While the high Google rating suggests a good reputation, the declining assets and cash reserves warrant close monitoring. It’s a small business navigating the challenges of an increasingly competitive online retail landscape.

Registered in England/Wales under the registration number 12646498, with a registered address at TS4 3FD, England, Middlesbrough, 20 Stewart Park Avenue.

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