Lume Interiors Ltd

Lume Interiors Ltd, based in Bournemouth, UK, is a small, active company founded just three years ago. With three employees and £464,579 in assets, it operates from a virtual address – registered at a location shared by 151 other companies – and is led by a solo founder who also serves as director and owner. The company is an irregular importer, primarily dealing in textile products, used clothing, and rags, with its last import activity recorded one month ago in October 2023.

The company’s website showcases a dynamic business specializing in workplace design, fitouts, and furniture solutions. It caters to a diverse clientele, including PR agencies, police forces, restaurants, and automotive businesses, offering services ranging from initial concepts to full delivery. Lume Interiors emphasizes collaborative design, expert execution, and sustainable practices, with a focus on creating functional and aesthetically pleasing spaces. The website highlights a range of projects and services, including refurbishment, new furniture solutions, and even reuse options, alongside a virtual walkthrough feature.

Financially, Lume Interiors Ltd presents a mixed picture. Current assets have declined significantly by 39%, dropping to £460,000, while net current assets also fell by 8.5% to £150,000. Bank borrowings have increased by a substantial 2,400%, reaching £29,000, and cash reserves have plummeted 9.1% to £350,000. Creditors have also decreased by 47%, which is a positive sign. The company’s small size—meeting two of three conditions for being considered small—helps maintain agility. The unaudited financial statements, lacking an auditor’s review, rely on director-reported data.

The sharp decline in assets and increase in borrowings suggests the company may be burning through cash, although the decrease in creditors indicates improved debt management. It’s possible the company is investing heavily in growth or facing increased operational costs.

Registered in England/Wales under the registration number 13749251, with a registered address at BH2 6NE, United Kingdom, Bournemouth, Dorset, 3 Durrant Road.

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