Luxurious Italian Furnishings Ltd

Luxurious Italian Furnishings Ltd, based in Finchley, London, is a small, active company established 17 years ago. With a Google rating of 5.0 from 31 reviews, it's a well-regarded business employing just one person and holding £400,470 in assets. The company, owned and directed by Pacitti Marco, operates from a real address and specializes in the retail of furniture, lighting, and similar items. It’s an irregular importer, bringing in stone, plaster, cement, and related products roughly every month, with the latest shipment recorded in November 2024.

The company's website isn't currently available, making it difficult to assess its online presence and e-commerce capabilities. It appears to focus on a traditional retail model, likely serving a local clientele. The business's specialization in Italian furnishings suggests a focus on quality and design, catering to a specific market segment.

Financially, Luxurious Italian Furnishings Ltd presents a mixed picture. While cash bank on hand saw a significant increase of 700%, jumping to £340,000, other areas show signs of pressure. Creditors increased dramatically, soaring by 1,800% to £350,000, and net assets remained relatively stable at £54,000. Trade debtors grew by 140%, reaching £65,000, which could indicate difficulties in collecting payments. The company's small size (meeting two of three conditions for a small company: turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for flexibility, but the rise in creditors warrants attention. The company’s accounts are unaudited, as it's exempt due to its size. Overall, Luxurious Italian Furnishings Ltd seems to be navigating a challenging financial landscape, balancing growth with managing its liabilities.

Registered in England/Wales under the registration number 06522927, with a registered address at N3 2AX, Finchley, London, 36 Glebe Rd.

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