Nook Deco Limited

Nook Deco Limited, based in Winscombe, UK, is a small, active company founded eight years ago. With a single employee and £41,309 in assets, it operates a thriving e-commerce site specializing in unique, hand-picked furniture and artistic products from the Far East. Boasting a perfect 5.0 Google rating from 13 reviews, Nook Deco regularly imports furniture, lighting, and prefabricated buildings—the last import operation occurring four months ago. The company has two directors and two owners, and is registered at a real address shared by five other companies.

The website, NookDeco, showcases a curated selection of Chinese antique furniture, vintage pieces, and oriental home decor. It offers a boutique shop in Clifton Village, Bristol, where customers can view some of the furniture in person, and delivers worldwide. The site emphasizes unique, restored oriental furniture and even offers services like piano restoration, hinting at a broader venture beyond the core furniture retail business.

Financially, Nook Deco Limited presents a mixed picture. Current assets have significantly dropped by 39% to £41,000, while net assets have plummeted by an astonishing 1100% to -£19,000. Bank borrowings have decreased by 13%, and cash reserves have fallen to just £760. Creditors have also decreased, which is a positive sign. The company’s small size (meeting two of three criteria for a small company) allows for flexibility, but the substantial equity decline raises concerns. With no auditor mentioned, the figures are unaudited.

Overall, Nook Deco Limited appears to be navigating a challenging financial period, despite its strong online presence and positive customer reviews. The company’s unique niche and focus on restoration services could provide a foundation for future growth, but careful management of its finances will be essential.

Registered in England/Wales under the registration number 10759402, with a registered address at BS25 5NG, England, Winscombe, Bell House Front Street, Churchill.

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