Sapphires Decor Limited

Sapphires Decor Limited is a small, active company based in Luton, UK, founded four years ago in January 30, 2021. It operates from a virtual address, registered with 281 other companies, and is managed by one director and one owner. The company specializes in retail sales via mail order and internet, offering a wide range of UPVC doors, windows, and modular furniture.

The company’s website showcases a diverse product line, from standard UPVC doors and windows to modular office furniture and kitchen solutions. It highlights the quality and durability of its products, emphasizing energy efficiency and low maintenance. The site also features testimonials from satisfied clients, reinforcing its commitment to customer satisfaction. It’s clearly an ecommerce operation, with a focus on direct-to-consumer sales.

Financially, Sapphires Decor Limited presents a mixed picture. While it meets the criteria for a small company (turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees), its financial health appears fragile. Cash bank on hand has fallen significantly—down 57% to just £80. Creditors have remained steady, but net current assets have plummeted 130% to a negative £63, indicating a potential cash flow problem. Equity has also declined 6.6% to -£4,000. The company's accounts are described as "filleted," meaning they are exempt from a full audit, and prepared under FRS 102 Section 1A. No auditor is listed.

The decline in cash reserves and the negative net current assets are concerning, suggesting the company may be burning through money faster than it’s generating revenue. The fact that creditors are stable, however, indicates that the company is managing its short-term debts reasonably well. It's possible the company is reinvesting heavily in its business, but the lack of positive cash flow is a red flag. The single director and owner structure, while efficient, could also mean a lack of oversight or expertise in managing financial challenges.

Registered in England/Wales under the registration number 13145493, with a registered address at LU1 2DW, England, Luton, 23-27 King Street.

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