Lustre Interiors Ltd

Lustre Interiors Ltd is a small, active company based in Manchester, UK, founded nine years ago in 2016. With £30,012 in assets and a virtual address shared by 55 other companies, it's a family business run by two directors and owners, Notay Sanbir and Notay Narinder. The company operates in the professional, scientific, and technical activities industries and is an irregular importer, with its last import of electrical machinery and equipment occurring over two years ago.

The company's website showcases a focus on interior design and project management. It positions itself as a provider of high-quality, personalized interior spaces, utilizing technology like 3D tools and virtual staging to bring client visions to life. The site emphasizes individual design solutions, exact deadlines, and a commitment to creating tranquil and relaxing home environments—a focus on "making relaxation a lifestyle." It also offers a blog with tips and inspiration for home decor.

Financially, Lustre Interiors Ltd presents a mixed picture. Current assets have decreased by 23%, dropping to £30,000, while net assets have also fallen, though less dramatically, to £2,800. Bank borrowings have seen a significant decrease of 47%, reducing to £11,000, and cash reserves have declined by 27% to £15,000. Creditors have remained relatively stable, but the decrease in debtors suggests potential issues with customer payments. The company meets two of the three criteria for being classified as small, with turnover under £10.2 million, assets under £5.1 million, and no employees reported. As a small company, it’s exempt from an audit, and the financial statements are unaudited.

While the company appears to be operating and actively marketing its services, the financial data suggests a potential strain. The decrease in assets and cash reserves, coupled with the decrease in debtors, could indicate that Lustre Interiors Ltd is burning through money. The decrease in bank borrowings is a positive sign, but the overall picture suggests a company that needs to carefully manage its finances to ensure long-term sustainability.

Registered in England/Wales under the registration number 10115653, with a registered address at M4 4EY, England, Manchester, 10 Park Place.

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