Mood Living Design Limited

Mood Living Design Ltd, based in Harrogate, UK, is a small, active company founded two years ago. With three employees and £114,456 in assets, it operates from a virtual address – a detail flagged by the presence of ten companies registered at the same location. The business is led by three directors and three owners, and it runs an e-commerce site specializing in bathroom mirrors and cabinets. It regularly imports furniture, lighting, and prefabricated buildings, with the most recent import activity recorded four months ago.

The company’s website, Mood Living, showcases a range of illuminated mirrors, plain mirrors, and Hollywood mirrors, alongside bathroom cabinets. The site emphasizes quality, customer service, and even offers split payments via Klarna. It’s clear that Mood Living is targeting a premium market, with a focus on design and functionality. The website also highlights a 30-year history, suggesting a legacy brand despite its relatively recent incorporation.

Financially, Mood Living Design Ltd presents a mixed picture. While current assets have increased by 110%, net assets have decreased by 58%. Bank borrowings remain stable, but creditors have risen significantly – a 120% increase. Other inventories have also seen a substantial jump, up 270%. Cash bank on hand has increased by 19%, which is a positive sign. The company’s small size (meeting two of three criteria for a small company) allows for agility, but the decline in net assets warrants attention. The company’s accounts are unaudited, a common exemption for small entities.

The increase in creditors and inventories, combined with the decrease in net assets, suggests that Mood Living may be investing heavily in its business – potentially expanding its product lines or increasing its stock levels. It’s also possible that the company is experiencing some cash flow challenges. The stable bank borrowings indicate that it hasn’t needed to rely on additional financing, but the increasing debt could become a concern if sales don't keep pace.

Registered in England/Wales under the registration number 14252995, with a registered address at HG1 1EQ, United Kingdom, Harrogate, North Yorkshire, 1 Victoria Avenue, Second Floor.

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