Zigzag Modern Limited

Zigzag Modern Ltd from Chatham UK is a small, active company founded seven years ago. With two employees and £2,348,959 in assets, it operates from a virtual address and is led by a single director and owner, who is also the solo founder. The company regularly imports and exports furniture, lighting, and prefabricated buildings—10 months of imports and 13 months of exports recorded—with the latest export activity occurring in June 2024.

The company’s core business revolves around the retail of furniture, lighting, and similar items, operating within specialised store industries. Its website, while not fully detailed, suggests a focus on modern design and potentially online sales, although specifics remain unclear.

Financially, Zigzag Modern Ltd presents a picture of stability, albeit with some fluctuations. Current assets increased by 18% to £2,300,000, while net assets also grew by 18% to £2,000,000. Cash reserves saw a healthy increase of 35% to £550,000, indicating improved liquidity. However, creditors rose by 18% to £390,000, and trade debtors emerged at £17,000—a new addition to the financial report. 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 creditors warrants monitoring. As a small company, it’s likely exempt from an audit, relying on unaudited statements.

Overall, Zigzag Modern Ltd appears to be a financially sound operation, demonstrating growth in key areas. The increase in creditors and the emergence of trade debtors, however, suggest a need for careful management of cash flow and customer payments.

Registered in England/Wales under the registration number 11322067, with a registered address at ME4 6AE, England, Chatham, Kent, 1-3 Manor Road.

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