Imago Furniture Ltd

Imago Interiors, based in London, UK, is a small, active company founded five years ago. With four employees and £43,619 in assets, it operates from a real address and is managed by two directors and owners. Boasting a 4.0 Google rating from just three reviews, Imago Interiors is a regular importer of furniture, lighting, and prefabricated buildings, with 21 months of import activity recorded, the latest in April 2024.

The company positions itself as a turnkey design and build firm, focusing on commercial interior projects. Its website highlights a commitment to reliability, personability, and transparency, offering services from redesign and relocation to refurbishment. It even has sister sites specializing in furniture and office pods, suggesting a broader presence in the interior design sector.

Financially, Imago Interiors presents a mixed picture. Current assets have fallen by a significant 56% to £44,000, while net assets have plummeted an astonishing 110,000% to -£28,000—a worrying trend. Bank borrowings have vanished completely, dropping 100%, and cash reserves have skyrocketed 17,000%, reaching £17,000. Creditors have also decreased by 29%, which could indicate better debt management. 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 agility, but the substantial equity decline raises concerns. The accounts are unaudited, likely due to the company's small size.

While the design and build services appear active, the financials suggest the company is burning through money. The sharp decline in equity, coupled with the decrease in assets, points to potential financial strain. Whether Imago Interiors can navigate these challenges and sustain its growth remains to be seen.

Registered in England/Wales under the registration number 12129098, with a registered address at W1T 1EH, England, London, 6 Newman Passage.

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