Ag Luxury Interiors Ltd

Ag Luxury Interiors Ltd, based in London, UK, is a small company with an active status, established five years ago in September 2019. Despite a 5.0 Google rating from 11 reviews, the company currently has accounts overdue by four months and employs just two people. Its assets are modest, standing at £1,458, and it operates from a virtual address shared by 35 other companies. A single director and owner, Shahzad Faisal, manages the business. The company regularly imports furniture, lighting, and prefabricated buildings, with four months of import activity recorded as of September 1, 2023.

The company’s website showcases a high-end interior design service, offering a full spectrum of design and project management. From initial consultations and design concept presentations to installation and bespoke joinery, Ag Luxury Interiors Ltd caters to discerning clients. The website highlights experience with high-net-worth individuals and celebrities, boasting over 35 years of collective experience within its design team. Projects span the UK and international locations, including Abu Dhabi, Dubai, and even Russia. The company emphasizes a hands-on approach and a commitment to delivering projects within budget and on time.

Financially, Ag Luxury Interiors Ltd presents a concerning picture. While the company is small, meeting two of three conditions for a small company (turnover under £10.2m, assets under £5.1m, and fewer than 50 employees), its financial health is precarious. Cash bank on hand has plummeted 98% to a mere £630, and net current assets liabilities are a staggering -£26,000. Equity has also taken a massive hit, dropping 7100% to -£25,000. Trade creditors have increased by 730%, and other taxation social security payable has decreased by 63%. The company's small size and lack of employees (just one reported) suggest a lean operation, but the dramatic decline in equity and cash reserves raise serious questions about its sustainability. With no auditor mentioned, the figures rely on unaudited statements.

In short, Ag Luxury Interiors Ltd appears to be burning through money. While its high-end design services and international reach suggest potential, the company’s financial situation demands immediate attention.

Registered in England/Wales under the registration number 12233257, with a registered address at W1K 1QW, England, London, 4 Old Park Lane, Mayfair.

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