Royale Home Living Limited

Royale Home Living Ltd from Blackburn UK: small company, active status, founded 5 years ago, 17 employees, £249,266 assets, real address, 1 director, 1 owner. Regular importer of none (4 months imported). It’s a private limited company registered in England/Wales with the registration number 12083014, incorporated on July 03, 2019, and registered at BB1 6AY, England, Blackburn, Pierce & Co Mentor House, Ainsworth Street. The address is probably real as only one company registered at the same address. Its status is active. The company operates in the wholesale of furniture, carpets and lighting equipment industries. Officially, it has one owner or PSCs, one director, and seventeen employees.

The company's website, Homewizz, is currently undergoing maintenance, displaying a message indicating that the site is “hard at work making the site better for all.” A countdown timer suggests a relaunch is planned for May 20, 2025. The site features a password-protected login area, hinting at a B2B focus, and includes promotional messages like "Special Deal!" and "Ask me anything." It’s clear that the company is attempting to create a modern, interactive online presence, but the current state suggests a temporary disruption to its e-commerce operations.

Financially, Royale Home Living Ltd presents a mixed picture. While current assets have increased by 50% to £250,000, several key metrics raise concerns. Bank borrowings have increased by a significant 39%, reaching £250,000, and net current assets liabilities are at -£2.6 million. Equity has also declined by 30% to -£2.5 million, reflecting ongoing losses. Cash reserves have plummeted by 89%, leaving just £3,600 available. Trade debtors have increased dramatically by 210%, indicating potential difficulties in collecting payments. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it stay agile, but the sharp decline in equity and cash reserves suggests it’s burning through money. The lack of an auditor mentioned (likely exempt as a small company) means the figures rely on unaudited statements. It seems the company is dependent on the ongoing financial support of MSTAR International Trading (HK) Limited.

Registered in England/Wales under the registration number 12083014, with a registered address at BB1 6AY, England, Blackburn, Pierce & Co Mentor House, Ainsworth Street.

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