Wooldridge Interiors Ltd

Wooldridge Interiors Ltd, based in Newport, UK, is a small, active company founded five years ago. With three employees and £106,967 in assets, it’s a family-run business with a perfect 5.0 Google rating from 19 reviews. The company operates as an irregular importer of furniture, lighting, and prefabricated buildings, with just one month of imports recorded as of June 1, 2023. It’s a solo founder operation, managed by two directors and two owners.

The company’s website showcases a luxury interiors destination, offering over 25 room sets and displays to shop from. Beyond the showroom, Wooldridge Interiors provides bespoke design services across the UK, from turnkey fitouts to tailored furniture and 3D visualizations. The site emphasizes a blend of sophistication and practicality, catering to both residential and commercial clients. It's a well-presented operation, with a clear focus on high-end design and customer experience.

Financially, Wooldridge Interiors Ltd presents a mixed picture. Current assets decreased by 17% to £110,000, while net assets plummeted 73% to -£79,000 – a significant decline. Bank borrowings decreased by 61%, reaching £4,300, and cash reserves fell 18% to £11,000. Creditors decreased by 34%, suggesting better debt management. The company’s small size helps it stay agile, but the sharp equity drop raises questions. With no auditor mentioned (likely exempt as a small company), the figures rely on unaudited statements.

The company’s reliance on imports and its current financial situation suggest it’s navigating a challenging market. While its strong Google rating and well-designed website indicate a focus on customer satisfaction, the financial data suggests it's burning through money. It's a tight-knit operation, and its future depends on its ability to maintain its reputation and attract new clients.

Registered in England/Wales under the registration number 12260900, with a registered address at PO30 5UU, England, Newport, Unit 9 Riverbank, Hurstake Road.

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