Moderno Living Ltd

Moderno Living Ltd from Luton UK: a small, active company founded six years ago, employs just one person, and holds £239,448 in assets. It’s a solo founder operation with a real address and a single director. The company operates an e-commerce site and regularly imports furniture, lighting, and prefabricated buildings—a total of 21 months of import activity, with the most recent in December 2024.

The company’s website showcases a range of contemporary, high-quality furniture, specializing in sofas—including corner, fabric, and leather options—as well as dining tables, chairs, and accent pieces. It offers a range of services, including swatch requests, room planning, and white-glove delivery. The site emphasizes design without the high-end price tag, with a focus on nationwide delivery and customer support. It's clear that Moderno Living is aiming to appeal to a modern, design-conscious consumer.

Financially, Moderno Living Ltd shows a mixed picture. Cash reserves have skyrocketed by an impressive 3,900%, reaching £200,000, a significant improvement. However, creditors have also increased substantially by 150%, now standing at £130,000. Net assets have seen a dramatic turnaround, jumping to £110,000 after a previous negative balance. While trade debtors have decreased by 22%, suggesting better collection practices, the increase in creditors warrants a closer look. The company's small size (meeting two of three conditions for being a small company) allows for flexibility, but the substantial increase in liabilities needs to be monitored. The accounts are audit exempt, relying on unaudited director reports.

In short, Moderno Living Ltd appears to be experiencing a period of growth, with a significant boost in cash reserves. However, the increase in liabilities suggests it's burning through money, and the company will need to manage its debts carefully to ensure long-term sustainability.

Registered in England/Wales under the registration number 11793688, with a registered address at LU3 1QR, United Kingdom, Luton, Bedfordshire, 6 St. Mildreds Avenue.

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