Elm Living Limited

Elm Living Limited is a small, active company based in Christchurch, UK, established four years ago. With £9,471 in assets and a real address, it’s a solo-founder operation led by a single director and owner. The company operates an e-commerce site, and while it imports various textile products, sets, used clothing, and rags, its import activity has been irregular, with the last recorded in November 2021.

The company’s website, Elme Living, positions itself as Australia's destination for artificial flowers, plants, and home decor. It caters to both individual consumers and stockists, offering a wide range of products from vases and planters to wall art and furniture. The site emphasizes inspiration, virtual catalogues, and premium customer service, aiming to be a one-stop shop for home decor enthusiasts. It's a nice looking site, too.

Financially, Elm Living Limited shows some concerning trends. Current assets have fallen by 55% to £9,500, and net assets have dropped by 19% to -£6,700. Cash reserves have plummeted 86% to a mere £1,300. Borrowings from directors have decreased by 43% to £18,000, which is a positive, but the sharp decline in equity is a worry. Creditors have also decreased by 41% to £20,000, suggesting some improvement in debt management. The company meets two of the three criteria to be considered small, with turnover under £10.2 million, assets under £5.1 million, and zero employees reported. No auditor is mentioned, so the figures are unaudited.

The company's reliance on imports, coupled with the significant drop in cash reserves, suggests it may be burning through money. Whether this is a temporary setback or a longer-term challenge remains to be seen, but Elm Living Limited will need to find a way to stabilize its finances to ensure its continued success.

Registered in England/Wales under the registration number 13326651, with a registered address at BH23 4RQ, England, Christchurch, 3 Hurstbourne Avenue.

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