Moroccan Bazaar Limited

Moroccan Bazaar Ltd from Walthamstow UK: small company, active status, founded 14 years ago, 5 employees, £1,196,447 assets, virtual address, 3 directors, 2 owners. Regular importer of furniture, lighting, and prefabricated buildings (28 months imported). Regular exporter of furniture, lighting, and prefabricated buildings (3 months exported). It’s a small company as it met two conditions of three: turnover less than £10.2 million, balance sheet less than £5.1 million, employees less than 50. The last reported current assets is £1,196,447.

Moroccan Bazaar Ltd specializes in the design and manufacture of exquisite decorative lighting, furniture, and accessories, crafted by artisans in Morocco. Operating from Walthamstow, London, the company caters to a high-end clientele, including hotels, restaurants, private residences, and film sets, with a particular focus on orientalist themes. Their website showcases a diverse collection, from bone-encrusted lamps to hand-painted wooden screens, and highlights collaborations with prestigious establishments like the Four Seasons and Hilton. They have a beautiful showroom and a very good reputation.

The company’s financial picture reveals some interesting trends. While cash reserves increased significantly, jumping 200% to £390,000, current assets also rose by 65% to £1.2 million. However, bank borrowings decreased by 41%, and trade debtors increased by 80%, which could indicate a need for better cashflow management. Creditors also increased by 76%, which is a bit concerning. The company’s net assets grew by 77% to £560,000, a positive sign, but the increase in other creditors by 95% warrants further investigation. It’s worth noting that the company’s property, plant, and equipment decreased by 33%, although this could be due to depreciation. The lack of an auditor mentioned suggests the company is exempt as a small business, and the figures are unaudited. Overall, Moroccan Bazaar Ltd appears to be growing, but needs to keep a close eye on its debt levels.

Registered in England/Wales under the registration number 07574429, with a registered address at E17 4EE, England, Walthamstow, London, Sterling House, Fulbourne Road.

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