Stereo Interiors Limited

Stereo Interiors Ltd from Tunbridge Wells UK: a small, active company founded fifteen years ago, employs eight people, and holds £703,830 in assets. It’s a family business with two directors and three owners, operating from a real address and running an e-commerce site. The company regularly imports and exports treated or layered fabrics for industrial use, with 38 months of import activity and 50 months of export activity recorded.

Stereo Interiors specializes in wallcoverings and fabrics for design professionals, operating as a trade-only organization. It has been supplying the luxury interiors market for almost twenty years. The website highlights a wide range of products, including fabrics and wallcoverings, and emphasizes its commitment to quality and customer service. It also mentions a showroom in Harrods, London, and a focus on museum-grade piano restorations.

Financially, Stereo Interiors Ltd’s recent performance shows a mixed picture. Current assets decreased by 15%, dropping to £700,000, while net assets also fell by 11%, reaching £550,000. Bank borrowings increased by a significant 1,700%, reaching £29,000, and cash reserves declined by 15%, sitting at £580,000. Creditors decreased by 27%, suggesting improved debt management. The company's small size (meeting two of three conditions for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it maintain agility. As a small company, it is exempt from an audit, so the figures are unaudited.

The company’s focus on high-end fabrics and wallcoverings, combined with its trade-only model, suggests a niche market strategy. However, the increase in bank borrowings and decrease in cash reserves indicate a need for careful financial management. It's likely that the company is investing in growth, but it will be important to monitor its financial performance closely in the coming months.

Registered in England/Wales under the registration number 07083992, with a registered address at TN3 9BJ, England, Tunbridge Wells, East Sussex, 5 Bells Yew Green Business Centre, Bells Yew Green.

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