Spider Interiors Ltd

Spider Interiors Ltd is a small, active company based in Rickmansworth, UK, founded seven years ago in 2017. With a single employee and £1,860 in assets, it’s a solo founder operation led by a director and owner, Anwar Mohammed. The company operates from a real address shared with only one other business, suggesting a low overhead. It's a regular importer, bringing in furniture, lighting, and prefabricated buildings—a total of five months of import activity recorded, the last in 2019.

The company’s website, Spider Interior Design, showcases a wide range of home and office furniture, from TV cabinets and beds to desks and file cabinets. It’s clearly an e-commerce business, offering products online and emphasizing quality and design. The site also highlights services like interior design consultations and even offers franchise opportunities. It seems like they are trying to build a brand around bespoke furniture solutions, with a focus on both residential and commercial clients.

Financially, Spider Interiors Ltd presents a mixed picture. Current assets have plummeted by a staggering 93%, dropping to just £1,900, while net assets also declined by 6.4% to -£58,000. Bank borrowings remain relatively stable, but cash reserves have shrunk by 66% to £1,900. Creditors have also decreased, suggesting some improvement in debt management. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it stay nimble, but the sharp decline in equity is concerning. There’s no auditor mentioned, which is common for small companies.

Overall, Spider Interiors Ltd appears to be navigating a challenging financial landscape. While its e-commerce platform seems active and its product range is diverse, the company needs to address its declining equity and manage its cash flow more effectively. It’s a small business with potential, but it’s facing some significant headwinds.

Registered in England/Wales under the registration number 10922615, with a registered address at HA1 4WL, England, Harrow, C/O Dali & Co Accountants Ltd,Office 108 1 Eastman Road, Big Yellow.

WARNING: The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Ports, countries, transport, and price/kg were calculated by CorpSignals; non-official data, may contain errors.