Imagin International Limited

Imagin International Ltd, based in Hockliffe, UK, is a small, active company with a rich history, having been founded 65 years ago in 1959. With seven employees and £165,412 in assets, it’s a modest operation run by two directors, though there are no listed owners. The company operates from a real address and regularly imports and exports furniture, lighting, and prefabricated buildings – 46 months of importing and 4 months of exporting activity recorded.

The company’s website, helloimagin.london, showcases a luxury lighting brand, specializing in designer lighting for high-end residences, super yachts, and hotels. It offers a wide range of products, from chandeliers to wall art, emphasizing handcrafted quality and European artistry. The site also features a bespoke design service, catering to interior designers and architects. The website has a very professional look and feel.

Financially, Imagin International Ltd's recent performance shows some concerning trends. Current assets have decreased by 24%, dropping to £170,000, while net assets have fallen significantly by 17%, now standing at -£160,000. Bank borrowings have increased substantially, rising by 120% to -£10,000, and cash reserves have declined by 4.7%, now at £57,000. Creditors have also increased by 23%, reaching £91,000. 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 decline in equity suggests financial pressures. The lack of an auditor mentioned (likely exempt as a small company) means the figures are unaudited.

The increased borrowings and decrease in net assets could indicate the company is burning through cash to maintain operations or invest in growth. It’s possible the bespoke design service and luxury focus are driving sales, but the financial data suggests the company is facing challenges in managing its finances.

Registered in England/Wales under the registration number 00636727, with a registered address at LU7 9PY, United Kingdom, Hockliffe, Bedfordshire, Unit 8 Trinity Hall Farm, Watling Street.

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