Elle James Interiors Ltd

Elle James Interiors Ltd is a small, holding company based in Potters Bar, UK, with an active status. Founded eight years ago in 2016, the company employs just three people and holds £44,631 in assets. It operates a real address and is managed by one director and one owner. The business runs an e-commerce site and regularly imports furniture, lighting, and prefabricated buildings—six months of import activity were recorded, the last on June 01, 2024. The company’s core business involves the retail of furniture, lighting, and similar items in specialised stores.

The company’s website, while not fully detailed in the report, suggests a focus on interior design and furnishings. It’s unclear how extensive the online presence is, but the import activity indicates a sourcing element to the business. Lorelli Ltd owns Elle James Interiors Ltd, and Chambi Elaina is the director.

Financially, Elle James Interiors Ltd shows some concerning trends. Current assets have plummeted by a significant 81%, dropping to just £45,000, while net assets have worsened considerably, reaching -£370,000. Cash reserves have also taken a hit, decreasing by 84% to a mere £10,000. Bank borrowings, however, have decreased by 33%, and trade debtors have increased by 99%, which could indicate that customers are paying slower. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) means it’s likely exempt from an audit, and the figures are unaudited.

The sharp decline in assets and cash reserves is a cause for concern, suggesting the company is burning through money faster than it’s bringing it in. It's possible that increased import costs or slow-paying customers are contributing to this trend. The increase in trade debtors, while potentially a positive sign of increased sales, could also indicate a risk of bad debts.

Registered in England/Wales under the registration number 10233774, with a registered address at EN6 5AJ, England, Potters Bar, 37 High Street.

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