Velvet Living Limited

Velvet Living Ltd from London UK: small company, active status, founded 16 years ago, 2 directors, 1 owner, google rating 5.0 based on 12 reviews. It's a small company, meeting two of three conditions: turnover under £10.2 million, balance sheet total under £5.1 million, and fewer than 50 employees. The company has 12 employees and holds £4,696,315 in assets. It's a regular importer of furniture, lighting, and prefabricated buildings, with 13 months of import activity recorded, the latest in June 2024.

The company operates in the renting and leasing of machinery, equipment, and tangible goods, and its website showcases a focus on event furniture hire. Velvet Living provides a wide range of modular furniture, contemporary sofas, and accessories for hire, catering to events, photo shoots, and film sets. It even offers support throughout Europe via sister branches. The website highlights a focus on stylish furniture, mobile bars, and accessories, and boasts testimonials from satisfied clients in the events industry.

Financially, Velvet Living Ltd shows a mixed picture. Current assets increased by 13% to £4,700,000, while net assets also grew by 13% to £4,800,000. Cash reserves rose by 13% to £4,100,000. Trade debtors increased by 17%, which could indicate expanding credit terms. However, accumulated depreciation impairment property plant equipment increased by 20%, suggesting a need to maintain and replace assets. The company's small size allows for agility, but the increase in depreciation raises questions about long-term asset management. No auditor is mentioned, likely due to its status as a small company and exemption from audit. The company’s financial statements were authorised for issue on March 10, 2025.

Registered in England/Wales under the registration number 06639645, with a registered address at SW17 0NL, England, London, 71 Maskell Road.

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