Simple Interiors Ltd

Simple Interiors Ltd, based in London UK, is a small, family-run business with an active status. Founded eighteen years ago in 2007, the company employs four people and holds £205,099 in assets. It operates from a real address on Bellevue Road and is led by one director and two owners. Google reviews are stellar, boasting a 5.0 rating from 35 reviews. The company regularly imports furniture, lighting, and prefabricated buildings—nineteen months of import activity recorded, the last in November 2024.

The company specializes in designing and installing luxury kitchens, bathrooms, and bedrooms, with a showroom in Wandsworth and a second in Fulham. Their website highlights a focus on Italian and German kitchen furniture, alongside a range of bathroom and bedroom collections. They offer a full-service approach, assisting clients with everything from initial design to final installation, and even offering advice on paint colours and lighting. The website showcases brands like Rotpunkt, Binova, and Miton, emphasizing quality and design.

Financially, Simple Interiors Ltd presents a mixed picture. Current assets have significantly decreased by 50%, dropping to £210,000, while net assets have plummeted by a staggering 100%, leaving only £210. Cash reserves have also fallen by 59%, down to £92,000. Bank borrowings have decreased by 23%, reaching £52,000, and creditors have also fallen by 37%, down to £52,000. Trade debtors have also decreased by 38%, to £110,000. The company meets the criteria for a small company—turnover under £10.2m, assets under £5.1m, and fewer than 50 employees—and is exempt from an audit.

Despite the decrease in assets, the company’s strong Google rating and focus on high-end design suggest a continued demand for their services. The sharp decline in equity, however, raises questions about the company’s long-term financial health. It’s likely that the company is navigating typical challenges for a small business, but it will need to maintain its reputation for quality and service to sustain its success.

Registered in England/Wales under the registration number 06228481, with a registered address at SW17 7EB, England, London, 22 Bellevue Road.

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