Magenta Interiors Limited

Magenta Interiors Limited, based in London, UK, is a small, active company established 29 years ago. With nine employees and £1,132,900 in assets, it operates from a real address and is managed by two directors and one owner. The company regularly imports special woven and decorative fabrics (six months of import activity) and exports various textile products, sets, used clothing, and rags (five months of export activity).

The business specializes in bespoke soft furnishings, hand-made window treatments, furniture upholstery, and bed treatments, catering to both trade and retail customers. Its website highlights a focus on quality, personal service, and British craftsmanship, with a portfolio showcasing a range of projects from traditional to contemporary styles. The company also offers fabric walling services, a unique selling point in the market.

Financially, Magenta Interiors Limited presents a mixed picture. Current assets have decreased by 10% to £1,100,000, while net assets have increased by 56% to £420,000. Cash bank on hand has fallen by 17% to £1,000,000, and trade debtors have surged by 540% to £94,000. Interestingly, accrued liabilities deferred income have decreased by 33% to £490,000, and corporation tax payable has increased dramatically by 150% to £120,000. The company meets the criteria for a small business (turnover under £10.2m, assets under £5.1m, fewer than 50 employees). As a small company, it’s exempt from an audit, and the financial statements are unaudited.

The increase in trade debtors could indicate a shift in payment terms or a rise in sales, while the decrease in cash reserves warrants closer monitoring. The substantial rise in corporation tax payable suggests a change in profitability or tax planning. Overall, while the company shows signs of growth, the fluctuating financials require careful management to ensure long-term sustainability.

Registered in England/Wales under the registration number 03166182, with a registered address at SW11 5QL, London, Unit 108 Battersea Business Centre, 99-109 Lavender Hill Battersea.

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