The Modern Warehouse Limited

The Modern Warehouse Ltd, based in Nottingham, UK, is a small, active company founded 14 years ago. With a single employee and £140,206 in assets, it operates from a virtual address – a detail highlighted by the fact that 91 companies are registered at the same location. It’s a solo founder operation, overseen by one director and owner, Tatham David Ian William. The company regularly imports furniture, lighting, and prefabricated buildings (15 months of import activity), and exports art and antiques (9 months of export activity).

The company’s website, themodernwarehouse.com, showcases a curated selection of "fine design, art artefacts, and objects for interiors." It appears to be an online gallery and retailer, with a focus on unique and vintage pieces. There’s no obvious e-commerce functionality, suggesting a more curated, appointment-based or bespoke sales model. The site’s design is clean and minimalist, emphasizing imagery and a sense of exclusivity. It’s a small business, meeting two of three conditions for classification: turnover less than £10.2 million, balance sheet total less than £5.1 million, and fewer than 50 employees.

Financially, The Modern Warehouse Ltd presents a mixed picture. Current assets have decreased by 8.2% to £140,000, while net assets have fallen by a significant 31% to £58,000. Bank borrowings have increased by a substantial 94%, reaching £61,000, and cash reserves have decreased by 5.5% to £52,000. Creditors have also seen a notable increase of 33%. The company’s reliance on loans and the decrease in equity suggest it may be burning through cash, although it’s also possible the increased borrowings are linked to inventory purchases for the import business. With no auditor mentioned, the figures are unaudited. The company’s small size and solo founder status likely contribute to its agility, but the financial trends warrant close monitoring.

Registered in England/Wales under the registration number 07478377, with a registered address at NG1 4JA, England, Nottingham, Nottinghamshire, 29 Arboretum Street.

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