Modern & Luxury Ltd

Modern & Luxury Ltd is a small, active company based in Leeds, UK, founded just one year ago in July 2023. With £29,016 in assets and a real registered address, it’s a solo-founded operation run by a single director and owner, Ibrahim Ahmed Hamza Ahmed. The company operates in the retail sale via mail order houses or via internet industries, selling home decorating accessories and wall art frames through its online store. The website features a wide range of products, including framed art prints, vases, mirrors, and decorative objects, catering to a global audience with options in English, Deutsch, and French.

The company's online presence showcases a diverse selection of wall art, home décor, and accessories, with a focus on modern and luxury designs. The website highlights framed art prints, Islamic wall art, crystal porcelain frames, and decorative objects, offering various styles and price points. The site also offers customization options and features a blog with content related to home décor trends and styling tips. While the company appears to be actively promoting its products, it’s unclear how much revenue is being generated.

Financially, Modern & Luxury Ltd presents a mixed picture. While the company holds £29,016 in current assets, it also has £26,000 in creditors—a significant portion of its assets. Bank borrowings are at £24,000, and cash reserves are a modest £7,600. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it remain flexible, but the high level of debt raises concerns about its financial health. With no auditor mentioned (likely exempt as a small company), the figures rely on unaudited statements.

Despite the financial pressures, Modern & Luxury Ltd seems to be focused on expanding its online presence and product offerings. The company’s website is well-designed and user-friendly, and its product selection is diverse and appealing. Whether it can overcome its financial challenges and achieve sustainable growth remains to be seen, but for now, Modern & Luxury Ltd is betting on its niche market and online sales to succeed.

Registered in England/Wales under the registration number 14993589, with a registered address at LS27 0RY, United Kingdom, ;Leeds, Unit 7, Ff Cliffe Park Way Bruntcliffe Road, Morley.

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