Loft Living Limited

Loft Living Limited is a small, active company based in Upper Basildon, UK, established fifteen years ago in 2009. With four employees and £120,196 in assets, it operates from a real address and is managed by three directors and one owner. The company regularly imports furniture, lighting, and prefabricated buildings—a total of four months of import activity were recorded, the last in 2022.

The company’s website, andyloftlivinguk.com, focuses on loft conversions in the Bromley area, offering services like bespoke bedrooms and home offices. It targets homeowners and landlords in Bexley, Chislehurst, Sidcup, and Eltham, promoting itself as a specialist in transforming unused loft space. The website highlights the benefits of avoiding a move by utilizing existing space, and even offers a free quote. It also features contact information for Andy and Clive, the company’s key personnel.

Financially, Loft Living Limited shows a mixed picture. Accumulated depreciation increased by 47%, indicating investment in property and equipment, but average employee numbers dropped to zero—a significant decrease. Cash bank on hand increased by 160%, a positive sign, but creditors surged by 65%, suggesting increased reliance on borrowing. Trade debtors decreased by 86%, which could be a good sign of efficient payment collection. The company’s small size (meeting two of three criteria for a small company) helps it remain flexible, but the decline in equity—a drop of 83%—raises concerns. The accounts are audited, and the auditor is Glazers.

While the company’s website projects a thriving business focused on home improvement, the financial data suggests a period of adjustment. Whether this is a temporary setback or a longer-term challenge remains to be seen, but the company’s focus on customer service and local expertise could prove crucial for its future success.

Registered in England/Wales under the registration number 07061153, with a registered address at RG8 8NU, Upper Basildon, Berkshire, The Paddock, Bethesda Street.

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