Home Deco Art Ltd

Home Deco Art Ltd from Ashford UK: a small, active company founded nine years ago, employs two people, and holds £68,972 in assets. It’s a family business with two directors and owners, and enjoys a solid 4.0 Google rating based on six reviews. The company operates in the retail sale via mail order houses or via internet industries.

The business, located at Unit 19 Heron Business Centre, Henwood Industrial Estate, TN24 8DH, appears to be a modest operation. Its website isn’s particularly flashy, but it does showcase a range of home décor items. It’s difficult to say for sure if it’s a fully-fledged e-commerce site, but the focus seems to be on offering a curated selection of decorative goods.

Financially, Home Deco Art Ltd’s recent performance presents a mixed picture. Accumulated depreciation has increased by 32%, indicating investment in equipment, but cash bank on hand has fallen by a significant 54% to £23,000. Creditors have risen slightly, while dividends payable have decreased considerably. Perhaps most concerning is the sharp drop in equity, which has fallen by 53% to £28,000. The company’s small size—meeting two of three conditions for being classified as small—helps it stay nimble, but the decline in equity suggests it’s burning through cash faster than it’s generating revenue. Trade debtors have remained constant, which is good, but the increase in ‘other creditors’ is something to keep an eye on. The lack of an auditor mentioned is not surprising, given its size.

Overall, Home Deco Art Ltd seems to be navigating a challenging period. While its Google rating suggests customer satisfaction, the financial data hints at a need to carefully manage cash flow and potentially explore new revenue streams.

Registered in England/Wales under the registration number 10038035, with a registered address at TN24 8DH, England, Ashford, Unit 19 Heron Business Centre, Henwood Industrial Estate.

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