Story Decorating Group Limited

Story Decorating Group Limited, based in Carlisle, UK, is a small, family-run business with an active trading status. Founded seventeen years ago in 2008, the company employs sixty-five people and holds £2,494,434 in assets. It operates from a real address at Carlisle Airport Business Park and is managed by one director and two owners. The company has a respectable 4.0 Google rating based on three reviews. It’s an irregular importer, primarily dealing in machinery, boilers, and mechanical appliances, with its last import operation recorded two months ago in August 2022.

The company's website, while not providing detailed e-commerce functionality, highlights its core business: painting and decorating services. It emphasizes skilled craftsmanship and a commitment to quality, catering to both residential and commercial clients. While it doesn't appear to have a significant online sales presence, the website serves as a portfolio and contact point for potential customers.

Financially, Story Decorating Group Limited demonstrates a mixed picture. Creditors decreased by a significant 53%, suggesting improved debt management, while trade debtors increased by 25%, which could indicate delays in customer payments. Cash reserves fell by 30% to £280,000, and bank borrowings surged by 2400%, reaching £29,000. Net assets, however, increased by 19%, reaching £1,900,000. The company's small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for flexibility, but the increase in borrowings and decrease in cash reserves warrants attention. With no auditor mentioned (likely exempt as a small company), the figures rely on unaudited statements.

Overall, Story Decorating Group Limited appears to be navigating a period of change. While its core painting and decorating services remain the focus, the financial data suggests a need to manage its debt and maintain a healthy cash flow.

Registered in England/Wales under the registration number 06500726, with a registered address at CA6 4NW, United Kingdom, Carlisle, Scafell Building, Carlisle Airport Business Park.

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