Mòr Of Auchterarder Limited

Mòr Of Auchterarder Limited is a small, active company based in Glasgow, UK, founded four years ago in September 2020. With just one employee and £64,595 in assets, it’s a solo founder operation led by a single director and owner, Laisen Peter. The company operates a retail business specializing in furniture, lighting, and similar home goods, both online and through a physical store. It’s a real address, with five other companies registered at the same location.

The company’s website, morofauchterarder.com, showcases a curated selection of homewares, decorative accessories, soft furnishings, and more, featuring brands like Lindform SE, The Interiors Yard, and Wonki Ware. The site emphasizes unique, Scandinavian-inspired designs and offers free delivery on orders over £50. It's a well-designed e-commerce platform, clearly focused on appealing to a style-conscious customer base.

Financially, Mòr Of Auchterarder Limited presents a mixed picture. Current assets have decreased by 12% to £65,000, while net assets have doubled to -£32,000. Bank borrowings are up significantly, reaching £97,000, and cash reserves have fallen 80% to just £2,500. Creditors also increased by 7.8% to £97,000. The company meets the criteria for a small business, with turnover under £10.2m, assets under £5.1m, and fewer than 50 employees. With no auditor mentioned, the financial statements are unaudited.

The sharp decline in cash reserves and the negative equity suggest the company is burning through money. The increase in creditors could be due to efforts to manage costs, but it also points to potential cash flow challenges. It's possible the company is investing in growth, but the financial data indicates a need for careful management to ensure long-term sustainability.

Registered in Scotland under the registration number SC675329, with a registered address at G43 2ST, Scotland, Glasgow, 77a Langside Drive.

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