Simply Interiors Ltd

Simply Interiors Ltd, based in Motherwell, UK, is a small, active company established fifteen years ago. With £53,035 in assets and a real address, it’s a family-run operation with two directors and a single owner, Hazel Young, who also serves as the solo founder. The business maintains a stellar 5.0 Google rating based on four reviews, reflecting a commitment to customer satisfaction. They regularly import furniture, lighting, and prefabricated buildings, with the most recent import activity occurring three months ago.

The company specializes in interior design, offering a mobile service and bringing samples in a fully stocked van. They cater to clients across West and Central Scotland, providing solutions for unusual room shapes, large windows, or minimal lighting. Their website showcases a range of services, including curtains, wall coverings, furniture, blinds, floor coverings, and accessories. They even offer a specialist service for piano restoration and disaster recovery, hinting at a broader range of expertise.

Financially, Simply Interiors Ltd presents a mixed picture. Current assets decreased by 4.2% to £53,000, while cash bank on hand plummeted 67% to £6,400. Bank borrowings were reduced by 27% to £8,200, and trade debtors increased by 6.8% to £32,000. Equity declined by 32% to £11,000, and net current assets and liabilities decreased by 33% to £10,000. The company meets two of three criteria for being a small company: turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. There's no auditor mentioned, likely due to the company's small size.

While the company’s strong Google rating suggests a positive customer experience, the significant drop in cash reserves and equity raises concerns about its financial health. The decrease in bank borrowings is a positive sign, but the overall trend indicates that Simply Interiors Ltd is navigating a challenging period.

Registered in Scotland under the registration number SC377604, with a registered address at ML1 1XA, Motherwell, Lanarkshire, Chartered Accountants Oakfield House, 378 Brandon Street.

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