Knots Rugs Limited

Knots Rugs Limited is a small, active company based in London, UK, established eighteen years ago in 2007. With three employees and £592,327 in assets, it’s a modest operation overseen by two directors and a single owner. The company, located at 595 Kings Road, has a real address and is likely a genuine business as only one other company is registered at the same location. Knots Rugs Limited primarily imports carpets and textile floor coverings – a regular activity spanning 49 months, with the most recent import occurring in August 2024. It also exports these goods, though less frequently, with just two months of export activity recorded, the last in October 2024.

The company’s website, Interior Designer Magazine, serves as a digital platform showcasing design inspiration, news, and products. It's not an e-commerce site itself, but rather a curated resource for interior design professionals, featuring articles, profiles, and product spotlights. The site's content suggests a focus on high-end design and luxury brands, with sections dedicated to events, projects, and trends. It seems they are a magazine, not a retailer.

Financially, Knots Rugs Limited appears to be holding its own, but with some fluctuations. Current assets increased slightly to £590,000, while net assets grew by a more substantial 19% to £420,000. Cash bank on hand also saw a rise of 3.5% to £260,000. However, bank borrowings decreased by 22% to £50,000, and creditors also fell by 16% to £30,000. The company’s small size—meeting two of three conditions for being classified as small—helps it maintain agility. The accounts are abridged and unaudited, and no auditor is mentioned.

Overall, Knots Rugs Limited seems to be a stable, if somewhat small, business. The magazine side of things appears to be thriving, and the company’s financial performance suggests a healthy, if not spectacular, state. It’s a business that’s likely focused on its niche and building relationships within the interior design community.

Registered in England/Wales under the registration number 06162078, with a registered address at SW6 2EL, London, 595 Kings Road.

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