Halcyon Interiors Limited

Halcyon Interiors Ltd from London UK: a small, family business active for 19 years, employs 12 people, and holds £362,673 in assets. With five directors and two owners, the company operates from a real address and regularly imports furniture, lighting, and prefabricated buildings – 23 months worth, with the latest import in February 2024. It exports these same items irregularly, with just one month of export activity recorded back in March 2021.

The company’s website showcases its expertise in luxury kitchen design, boasting over 40 years of experience. Halcyon Interiors specializes in bespoke kitchens, emphasizing timeless style and durability. They operate a flagship showroom in Wigmore Street, London, and highlight their commitment to high-quality brands and family ownership. The website also features a blog and portfolio, inviting customers to explore design inspiration and book consultations.

Financially, Halcyon Interiors Ltd presents a mixed picture. Current assets have decreased by 34%, falling to £360,000, while net assets have plummeted 150%, reaching -£560,000. Bank borrowings have increased significantly, rising by 44%, reaching £12,000. Creditors have increased by 35%, reaching £780,000. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for flexibility, but the substantial equity decline suggests potential challenges. No auditor is mentioned, likely due to the company's small size and exemption from an audit. The company’s increased reliance on bank borrowings and the decrease in cash reserves may be a sign that the business is burning through money, although it’s also possible that this is a strategic move to invest in growth.

Registered in England/Wales under the registration number 05453335, with a registered address at W1U 3RU, England, London, London, 120 Wigmore Street.

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