Live In Ambience Ltd

Live In Ambience Ltd, based in Bedford, UK, is a small, active company founded five years ago. With £1,315 in assets, it’s a family business operating an e-commerce site selling luxury fireplaces and related products. The company has two directors and two owners, and employs two people. 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, employees less than 50.

The company’s website, liveinambience.co.uk, showcases a wide range of products, including bioethanol fire pits, gas fire lanterns, electric infrared heaters, and designer fireplaces. It emphasizes free UK shipping, secure payment options, and friendly customer support, with a clear focus on high-quality, stylish heating solutions. The site also features a blog with helpful content on fireplace maintenance and selection, demonstrating a commitment to customer education.

Financially, Live In Ambience Ltd shows some concerning trends. Current assets have dropped by 59%, falling to £1,300, and net assets are down 45%, reaching -£3,100. Cash reserves have plummeted 52%, leaving just £770, and bank borrowings have increased significantly. While creditors have decreased by 17%, suggesting improved debt management, the sharp decline in equity raises questions about the company’s financial health. The lack of employees (two reported) indicates a lean operation, and the absence of an auditor (likely exempt as a small company) means the figures are unaudited.

It seems like the company is burning through cash, and it’s probably a bit tight. The focus on high-end products and a strong online presence suggests a deliberate strategy, but the financial pressures are evident. It’s likely that the company is trying to grow quickly, but it needs to manage its cash flow more carefully.

Registered in England/Wales under the registration number 12289686, with a registered address at MK41 7YX, England, Bedford, 5 Westrope Way.

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