Twins Decorating Ltd

Twins Decorating Ltd, a small, active company from London UK, was founded two years ago in September 2022. The company, led by two directors and a solo founder, holds £56,907 in assets and operates from a real address. It’s a tight-knit operation, with Popescu Aniela-teodora and Popescu Constantin listed as directors and Aniela-teodora as the sole owner. The company specializes in construction of domestic buildings, painting, retail sales via mail order and internet, and general cleaning of buildings.

The company’s website, twinspaintinganddecorating.com, showcases a long-standing heritage, proudly established in 1989. While the current legal name is Twins Decorating Ltd, the website highlights a broader scope of services, including heritage restoration, painting, and commercial projects. Notable projects listed include high-profile landmarks like Osgoode Hall, St. Michael’s Cathedral, and Massey Hall – suggesting a focus on prestigious and often complex restoration work. The site’s design and content, though functional, feel a little dated, and the emphasis is clearly on showcasing past achievements rather than driving immediate sales.

Financially, Twins Decorating Ltd appears to be navigating some challenges. Cash bank on hand has dropped significantly, declining 41% to £57,000. Net assets have also taken a hit, decreasing 44% to £26,000. While creditors have decreased, the decline in cash reserves and equity suggests the company is burning through money. Trade debtors are up, which could indicate difficulties in collecting payments, and the increase in accrued liabilities, though small, is something to watch. The company meets the criteria for a small business, with turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. The accounts are unaudited, and no auditor is listed.

Overall, Twins Decorating Ltd seems to be a company with a strong reputation and a focus on high-end projects, but it’s facing some financial headwinds. The decline in cash reserves is a concern, and the company will need to carefully manage its expenses and ensure timely payments to maintain its financial health.

Registered in England/Wales under the registration number 14343970, with a registered address at NW4 3AB, England, London, Flat 16 Central Mansions, Watford Way.

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