Emma Mellor Handmade Rugs Ltd

Emma Mellor Handmade Rugs Ltd, based in Harrogate, UK, is a small, active family business founded eight years ago. With two employees and £225,016 in assets, it operates a thriving e-commerce site specializing in handmade rugs. The company, led by four directors and two owners, regularly imports carpets and textile floor coverings – the last import operation was recorded 24 months ago in August 2021. It's a solo founder story, too.

The company’s website showcases a diverse range of rugs, from traditional kilims to contemporary designs, with a focus on bespoke options and a unique selection of hard-to-find pieces. They even have a showroom in Harrogate and a London office, catering to both online and in-person customers. The site emphasizes British craftsmanship, offering services like home viewings, rug sourcing, and custom rug design.

Financially, Emma Mellor Handmade Rugs Ltd presents a mixed picture. Current assets decreased by 7.7% to £230,000, while net assets experienced a significant drop of 28%, settling at £87,000. Bank borrowings saw a 44% decrease, reaching £12,000, and cash reserves increased by 40% to £9,900. Creditors also decreased by 31%, suggesting some improvements in debt management. The company qualifies as a small business, meeting two of three criteria: turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. No auditor is mentioned, likely due to the small company exemption.

The decline in net assets, however, is something to watch. While the company’s focus on high-quality, handmade rugs and personalized service appears to be driving sales, maintaining profitability will be key. It’s a tightrope walk between preserving craftsmanship and managing finances – something all small, family businesses face.

Registered in England/Wales under the registration number 10596410, with a registered address at HG1 1JX, England, Harrogate, 13-15 Albert Street.

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