Modern Home Interiors Ltd

  • Small
  • Active
  • 4 years
  • 1 employee
  • £15,840 (assets)
  • Virtual address
  • 1 director
  • 1 owner
  • Solo founder
  • E-commerce
  • Rating 4.0 (8)

Field of Operation

Retail sale via mail order houses or via Internet
47910 204566 companies

Social media

Summary

Modern Home Interiors Ltd from Glasgow UK: a small, active company founded four years ago, employs just one person, and holds £15,840 in assets. It operates from a virtual address, managed by a single director and owner, and runs an e-commerce site with a respectable 4.0 Google rating from eight reviews.

The company’s website showcases a wide range of home furnishings, from bedroom furniture like beds and bedside tables to kitchenware like plates and pots. It also offers lighting, textiles, and garden accessories, catering to various tastes and styles. The site’s extensive product categories—including accent chairs, bar stools, coffee tables, and even easels—suggest a diverse inventory aimed at transforming any living space. The company emphasizes new arrivals and curated collections, and it even offers same-day shipping for certain items.

Financially, Modern Home Interiors Ltd presents a mixed picture. While cash bank on hand increased by a significant 99% to £5,800, net assets declined by 8.9% to -£91,000. Creditors decreased slightly, but trade debts increased, suggesting some difficulties with payments. The company’s small size—meeting two of three criteria for a small company—helps it remain agile, but the negative equity is a concern. The accounts are unaudited and exempt, relying on director-reported data.

Overall, Modern Home Interiors Ltd appears to be a small e-commerce business navigating the challenges of a competitive market. Its strong Google rating and diverse product range are positives, but the negative equity suggests it’s burning through money and needs to find a way to improve profitability.

Registered in Scotland under the registration number SC678023, with a registered address at G2 1BP, Scotland, Glasgow, 2/3 48 West George Street.

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

Owners & PSC

  • Majid Usman Afzal
  • 4 years
  • 75%+

Managers

  • Majid Usman Afzal
  • 4 years
Company director

Last reports

Download the last financial report
Download the last confirmation report
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Last news

  1. Confirmation statement made on 2024-10-18 with no updates
  2. Unaudited abridged accounts made up to 2023-10-31
  3. Confirmation statement made on 2023-10-18 with no updates

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