Legendary Living Limited

Legendary Living Limited is a small, active family business based in Maidenhead, UK, established 19 years ago. The company employs 28 people and holds £1,444,225 in assets, operating from a virtual address. With three directors and two owners, it’s a tightly managed operation. Legendary Living regularly imports furniture, lighting, and prefabricated buildings—a consistent 7 months of import activity—with the last operation occurring in October 2024. Export activity is less frequent, just one month recorded in November 2024, also focused on the same product categories.

The company operates in the retail of furniture, lighting, and similar items, specializing in a niche market. While a website isn’t available, its business model suggests a focus on sourcing and distributing home furnishings. The business is a family business, and it’s a small company as it met two conditions of three: turnover less than £10.2 million, balance sheet less than £5.1 million, and employees less than 50.

Financially, Legendary Living Limited shows some concerning trends. Accumulated amortisation impairment intangible assets increased by 25%, while accumulated depreciation impairment property plant equipment also rose by 25%. Bank borrowings surged by 230%, and specific advance or credit made to directors increased by 17%. However, cash bank on hand saw a significant increase of 280%. Creditors also increased by 32%, suggesting potentially strained supplier relationships. The company’s net assets decreased by 9.7%, and net current assets liabilities decreased by 19%.

Future minimum lease payments under non-operating leases decreased by 14%, and the company’s total assets less current liabilities decreased by 9%. The company’s trade creditors and trade payables decreased by 13%. The company’s total addtions including from business combinations property plant equipment increased by 8600.

The company’s financial statements are unaudited, and it's likely exempt from an audit due to its small size. While the increase in cash reserves is positive, the rising debt and decreasing equity raise questions about its long-term financial health. It's possible the company is investing in inventory or expansion, but careful management will be needed to ensure sustainable growth.

Registered in England/Wales under the registration number 05656522, with a registered address at SL6 8BN, England, Maidenhead, Berkshire, Tor, Saint-Cloud Way.

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