New I.d Living Limited

New I.d Living Limited, based in Wembley, UK, is a small, active company founded two years ago. It’s a solo-founder operation with one director and one owner, employing just one person and holding assets of £520,486. The company operates from a real address and is regularly importing furniture, lighting, and prefabricated buildings—a trend that has continued for seven months, with the last import occurring in August 2024.

The company’s website reveals a focus on student accommodation, offering rooms and services to students attending universities across the UK and US. It provides a range of options, from studios and ensuite rooms to shared apartments, catering to various budgets and preferences. The site emphasizes a hassle-free experience, with all-inclusive pricing, on-campus locations, and 24/7 support. It also targets international students, providing information and assistance with settling into a new country. The website has a very large number of locations listed.

Financially, New I.d Living Limited’s report shows some interesting trends. Cash bank on hand remained stable at £340,000, while creditors increased slightly to £410,000. Trade debtors are at £180,000. Depreciation impairment for property, plant, and equipment remained constant at £440. The company’s small size (meeting two of three conditions for being considered small) allows it to be nimble, but the slight increase in creditors suggests it may be relying on short-term financing. The report does not mention an auditor, which is common for small companies.

The company’s focus on student accommodation appears to be a growing market, but the financial figures suggest it’s a business that needs to carefully manage its cash flow. The solo founder structure, while efficient, could also present challenges in scaling the business.

Registered in England/Wales under the registration number 14155074, with a registered address at HA9 7FP, England, Wembley, Office F7 Silverbox House, East Lane Business Park, 56 Magnet Road.

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