Ivy Grey Interiors Limited

Ivy Grey Interiors Ltd, based in Altrincham, UK, is a small, active company founded five years ago. With three employees and £156,474 in assets, it’s a solo-founded operation run by a single director and owner, Sophie Eaton. The business operates an e-commerce site, boasting a perfect 5.0 Google rating from thirteen reviews. It’s a regular importer of glass and glassware, with six months of import activity recorded, the latest in August 2023.

The company’s website, Ivy Grey Interiors, showcases a wide range of homewares, from faux flowers and vases to rattan storage solutions and textiles. The site emphasizes seasonal styling, gift ideas, and a "Live Beautifully" ethos, catering to customers seeking to enhance their home décor. It’s clear the business focuses on retail sale via mail order and via the internet, with a strong emphasis on visual appeal and curated collections.

Financially, Ivy Grey Interiors Ltd presents a mixed picture. Cash bank on hand decreased by 15% to £98,000, while current assets also dropped by 6.4% to £160,000. Debtor amounts plummeted 66% to just £3,300, which could indicate a shift in payment terms or a reduction in sales. On a positive note, creditors decreased by 8.7%, suggesting better management of short-term liabilities. Equity, however, took a significant hit, dropping 22% to £65,000. The company meets two of three criteria to be considered small, with turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. There’s no auditor mentioned, likely due to its small size, so the financial statements are unaudited.

The increase in average employees from three to four suggests a period of growth, but the declining equity and cash reserves raise questions about its financial health. While the website’s strong reviews and curated collections indicate a successful e-commerce operation, the numbers suggest the company is burning through money. It’s possible the business is investing heavily in marketing or inventory to fuel growth, but the trend needs to be monitored closely.

Registered in England/Wales under the registration number 12381880, with a registered address at WA14 5EW, England, Altrincham, Unit 3b North Quays Business Park, Atlantic Street.

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