Enigma Home And Garden Ltd

Enigma Home And Garden Ltd from Penzance UK is a small, active company founded nine years ago. With three employees and £810,656 in assets, it’s a family business with two directors and two owners. The company regularly imports stone, plaster, cement, and similar material products, with seven months of import activity recorded.

The company’s website highlights its role as a manufacturer of fine products for the home and garden, produced in its own factory for distribution to retail outlets throughout the UK and worldwide. Its main product lines include marble, granite, terrazzo statues, garden planters, and various types of ornaments, custom-made sculptures. It’s clear they are focused on retail sales, and their website showcases a diverse range of products catering to both domestic and international markets.

Financially, Enigma Home And Garden Ltd presents a mixed picture. While current assets increased by 7.1% to £810,000, net assets took a significant hit, dropping 180% to -£130,000. Bank borrowings decreased by 76%, reaching £10,000, and cash reserves saw a dramatic increase of 4700%, reaching £160,000. Creditors, however, increased by 63%, reaching £930,000, and trade debtors rose by 1.9% to £460,000. The company’s small size—meeting two of three conditions for being classified as small—helps it remain flexible, but the decline in net assets is a cause for concern. No auditor is mentioned, likely due to the company’s exemption as a small entity.

The company’s reliance on imports and its fluctuating financials suggest a business navigating challenges. Whether the strong cash position can offset the rising debt and declining equity remains to be seen.

Registered in England/Wales under the registration number 09767622, with a registered address at TR19 7HZ, England, Penzance, Cornwall, Tiptree Lafrowda Close, St. Just.

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