Mint House Interiors Limited

Mint House Interiors Ltd, based in Truro, UK, is a small, active company founded ten years ago. Employing seven people, the business holds £57,192 in assets and operates from a virtual address, a detail flagged by the presence of 56 other companies registered at the same location. It’s managed by two directors and two owners, and regularly imports furniture, lighting, and prefabricated buildings—the latest shipment arriving in August 2024.

The company’s website showcases an interior design studio specializing in private homes, hotels, and luxury holiday rentals. Founded by Caroline Saulsbury and Lou Ingram, Mint House emphasizes natural materials, layered textures, and modern coastal living. Testimonials highlight the studio's ability to transform holiday homes and provide professional, friendly service. The website also includes a sign-up form for news and updates, and contact information including a phone number and physical address.

Financially, Mint House Interiors Ltd has experienced some turbulence. Current assets have plummeted by 58%, dropping to £57,000, while net assets have taken a dramatic hit, falling 410% to -£33,000. Bank borrowings have doubled to £20,000, and cash reserves have evaporated, decreasing by 96% to just £250. Creditors have also decreased, but the significant drop in equity is concerning. The company qualifies as small, meeting two of three conditions (turnover under £10.2m, assets under £5.1m, and fewer than 50 employees). As a small company, it’s exempt from an audit, and the financial statements are unaudited.

The sharp decline in equity suggests the company may be burning through money, although it’s difficult to say for sure without more detailed information. The directors' decision to increase bank borrowings could be a strategy to manage cash flow, but it also adds risk. It's possible the company is investing heavily in growth, or that it’s facing unexpected expenses.

Registered in England/Wales under the registration number 09111609, with a registered address at TR1 2DP, United Kingdom, Truro, Cornwall, Vivian House, Newham Road.

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