Shades Window Blinds Ltd.

Shades Window Blinds Ltd from Glasgow UK: a small holding company with an active status, has been operating for 31 years. Employing 95 people, the company holds £1,113,171 in assets and operates from a virtual address, registered at G1 3NQ, Glasgow, 6th Floor Gordon Chambers, 90 Mitchell Street. It’s led by one director, Bishop Ian William, and owned by Shades Group Ltd. The company runs an e-commerce site and regularly imports iron or steel products, with 15 months of import activity recorded.

The company’s website, Shades Blinds, showcases a wide range of window coverings, from roller blinds to shutters, catering to both residential and commercial customers across Scotland. It emphasizes free measuring, fitting services, and a double discount sale, with new shutters starting at just £199 per square metre. The site also features an instant price calculator and a blog, highlighting the company’s expertise and commitment to customer service. It seems they’re really pushing a square metre pricing model, aiming for competitive rates.

Financially, Shades Window Blinds Ltd shows some concerning trends. Current assets have decreased by 15% to £1,100,000, while net assets have fallen by 13% to £780,000. Cash reserves have taken a significant hit, dropping 66% to just £170,000. Bank borrowings have increased, and trade creditors have risen by 24%, suggesting increased debt. The number of employees reported has also decreased significantly, from 95 to 61, which could be due to restructuring or seasonal factors. Despite meeting two of the three criteria for a small company, the decline in assets and cash reserves warrants attention. The company is exempt from an audit, so the figures are unaudited.

Overall, Shades Window Blinds Ltd appears to be navigating a challenging financial period, despite its established presence and active e-commerce operations. The company’s focus on competitive pricing and customer service will be crucial in maintaining its market position.

Registered in Scotland under the registration number SC147834, with a registered address at G1 3NQ, Glasgow, 6th Floor Gordon Chambers, 90 Mitchell Street.

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