Grays Interiors ( Worcester ) Limited

Grays Interiors Worcester Ltd, based in Worcester, UK, is a small, family-run business with an active status, established 14 years ago. Employing just two people, the company holds £88,695 in assets and operates from a real address. With one director and two owners, it’s a tight-knit operation, complemented by an e-commerce site and a respectable Google rating of 4.0 based on 67 reviews. The company regularly imports furniture, lighting, and prefabricated buildings—18 months of import activity recorded, with the latest operation in May 2024.

The company’s website, Grays of Worcester, showcases a wide range of furniture and accessories, from leather sofas to bespoke lighting. It operates a showroom in a beautifully restored, Grade II listed cinema, and offers interior design services, including bespoke furniture creation. The site emphasizes luxury and quality, with a focus on inspiring customers and providing a unique shopping experience. It’s clear they’re aiming for a premium market.

Financially, Grays Interiors Worcester Ltd presents a mixed picture. While current assets remained relatively stable at £89,000, equity significantly decreased by 30%, dropping to £38,000. Bank borrowings increased dramatically, rising 200% to £7,800, and cash reserves tripled to £2,200—a positive sign. Creditors also increased by 27%, reaching £60,000. The company’s small size (meeting two of three conditions for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps maintain agility, but the drop in equity warrants attention. The lack of an auditor mentioned (likely exempt as a small company) means the figures are unaudited.

Overall, Grays Interiors Worcester Ltd seems to be navigating a challenging environment. While the showroom and online presence suggest a focus on quality and customer service, the financial data indicates a need for careful management to ensure long-term sustainability. It’s likely they’re reinvesting in the business, but the decrease in equity should be monitored closely.

Registered in England/Wales under the registration number 07551513, with a registered address at WR3 7HA, Worcester, Worcestershire, 142 Ombersley Road.

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