Liberty Oriental Carpets Limited

Liberty Oriental Carpets Ltd, based in Sutton, UK, is a small, active company founded seventeen years ago in 2007. It employs five people and holds £326,558 in assets, operating from a virtual address shared by fifty-nine other companies. The business is run by three directors and three owners, and it's an irregular importer, with its top import category being knitted or crocheted fabrics, totaling one month of imports, the last in 2019.

The company’s website showcases a wide range of oriental carpets and rugs, available in various sizes and styles, from small 5x3ft rugs to oversized 12x9ft carpets. It also features a selection of hallway runners, Kelims, and silk rugs, alongside furniture, objets, and services. The site highlights a heritage collection and even mentions “EJU Est. 1875,” suggesting a connection to a longer-established business—though the link isn’t explicitly stated. The website clearly focuses on retail sales, presenting a curated selection of high-quality carpets and rugs for discerning customers.

Financially, Liberty Oriental Carpets Ltd’s recent performance shows some concerning trends. Current assets decreased by 26%, dropping to £330,000, while net assets declined 12%, settling at £290,000. Cash reserves fell 46%, leaving just £140,000. Creditors also decreased significantly, falling 66% to £38,000, which could indicate improved debt management. The company’s small size—meeting two of three conditions for being considered small—helps with agility, but the drop in equity and cash is a cause for concern. The company is exempt from an audit as a small company, so the figures are unaudited.

Overall, Liberty Oriental Carpets Ltd appears to be facing some financial headwinds. While its online presence and product selection are attractive, the decline in key financial metrics suggests it’s burning through money. Whether it can sustain its operations and capitalize on its heritage remains to be seen.

Registered in England/Wales under the registration number 06397207, with a registered address at SM2 5DA, England, Sutton, Surrey, Salatin House, 19 Cedar Road.

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