Lvs Decorative Arts Limited

Lvs Decorative Arts Ltd, based in Stowmarket, UK, is a small, active company founded eleven years ago in 2013. With two employees and £162,704 in assets, it operates from a real address and is overseen by two directors and one owner. The business is a regular exporter of art and antiques, with 14 months of export activity recorded, the last in 2022.

The company’s website showcases a diverse collection of decorative furniture, lighting, tables, and sculptures, sold directly to customers. It appears to be an e-commerce business, with items listed for sale and a focus on antique and vintage pieces. The site also highlights a mailing list and blog, suggesting an effort to engage with customers and build a community around decorative arts.

Financially, Lvs Decorative Arts Ltd shows a mixed picture. Current assets decreased by 5.5% to £160,000, while net assets remained steady at £150,000. Cash reserves increased significantly by 110% to £31,000, which is a positive sign. However, trade debtors disappeared completely, suggesting a shift in payment terms or a focus on cash sales. Creditors decreased by 44%, indicating improved debt management. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for flexibility, but the fluctuating debtor numbers warrant a closer look. The company is exempt from an audit as a small company, so the figures are unaudited.

Overall, Lvs Decorative Arts Ltd seems to be navigating the market well, capitalizing on the demand for antique and decorative items. The increase in cash reserves is encouraging, but the company should monitor its debtor levels to ensure continued financial stability.

Registered in England/Wales under the registration number 08711793, with a registered address at IP14 6AU, Stowmarket, Lewis Farm Pettaugh Road, Stonham Aspal.

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