Prestige Lifestyle Ltd

Prestige Lifestyle Ltd from London UK: a small, holding company with an active status, was founded two years ago. It holds £43,831 in assets, operates from a virtual address, and is managed by one director and one owner. The company boasts a respectable Google rating of 4.0 based on five reviews. 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 company’s website currently displays a “NEW WEBSITE COMING SOON!” message, offering little insight into its operations. However, the company operates in the retail sale via mail order houses or via internet industries.

Financially, Prestige Lifestyle Ltd presents a mixed picture. Current assets remained stable at £44,000, while cash reserves were a modest £84. Bank borrowings were steady at £1,500, and creditors stood at £15,000. Interestingly, finished goods and goods for resale were negative at -£17,000, suggesting potential inventory management challenges. Net assets were £11,000, and the company’s small size helps it stay agile. The accounts are filleted and unaudited, and the director signing the financial statements was Mr James Turner-Small.

While the company’s financial position isn't alarming, the negative inventory value and reliance on bank borrowings are worth noting. It seems like the company is holding steady, but it could benefit from a more robust online presence to better showcase its offerings.

Registered in England/Wales under the registration number 14291416, with a registered address at WC2H 9JQ, England, London, 71-75 Shelton Street.

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