WARDROBES BY DESIGN LTD

Executive Summary

WARDROBES BY DESIGN LTD, a recently formed furniture manufacturer, currently exhibits early-stage financial strain with negative working capital and a low net asset base. While the company complies with regulatory filing requirements and shows some growth in receivables and cash, the significant increase in current liabilities and negative net current assets warrant careful liquidity assessment. Further due diligence on debtor quality, creditor terms, and cash flow projections is recommended to fully evaluate financial stability and operational sustainability.