Live Edge Custom Design Ltd

Live Edge Custom Design Ltd, based in Wisbech, UK, is a small, family-run business with an active status. Founded five years ago in January 2020, the company employs three people and holds £10,194 in assets. Despite a perfect 5.0 Google rating based on one review, the company is currently facing some financial challenges, with overdue accounts and confirmation statements. It operates from a real address and is managed by two directors and two owners.

The company specializes in crafting unique, luxurious, and exclusive wooden tables and live edge wooden table tops, catering to high-end residential and commercial spaces. Its website showcases a range of bespoke dining tables, coffee tables, and home decor items, all crafted from live edge wood with resin accents. The site operates as an e-commerce platform, allowing customers to browse and purchase items online. There's a clear focus on visual appeal, with high-quality photos and detailed product descriptions.

Financially, Live Edge Custom Design Ltd’s numbers paint a mixed picture. Current assets have plummeted by a significant 47%, dropping to £10,000. Bank borrowings have disappeared completely, a positive change, but cash reserves have also shrunk dramatically, falling 99% to a mere £62. Creditors have increased substantially, rising 110%, and equity has taken a big hit, decreasing by 95%. While the company meets the criteria to be considered small, with a turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees, the substantial decline in equity and cash reserves is concerning. The lack of an auditor mentioned suggests the company is exempt from an audit as a small company. The significant increase in creditors also suggests that the business is struggling to pay its bills on time. It’s possible the business has been investing heavily in materials and production to meet demand, but the declining cash position needs to be monitored closely.

Registered in England/Wales under the registration number 12430811, with a registered address at PE13 3FA, England, Wisbech, 86 Fenmen Place.

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