About Modern Rugs
Modern Rugs is a company based in Bishop Auckland (United Kingdom) founded in 2004 by Ben Dale was acquired by PHD Equity Partners in December 2014. The company has 13 employees as of August 31, 2018. Modern Rugs offers products and services including Portland Rug, Celestial Rug, and Glitz Rug. Modern Rugs operates in a competitive market with competitors including Blinds 2 Go, Online Home Shop, myza, Rug Seller and The Millshop Online, among others.
- Headquarter Bishop Auckland, United Kingdom
- Employees 13 as on 31 Aug, 2018
- Founders Ben Dale
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Sectors
Consumer
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Phone
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Website
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Social
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- Legal Name Modern Rugs Limited
- Date of Incorporation 09 Jul, 2009
- Jurisdiction NEWCASTLE UPON TYNE
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Annual Revenue
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Net Profit
Not available
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EBITDA
Not available
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Latest Funding Round
Not available
- Investors
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Employee Count
13
as on Aug 31, 2018
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Acquired by
PHD Equity Partners
(Dec 11, 2014)
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Products & Services of Modern Rugs
Modern Rugs offers a comprehensive portfolio of products and services, including Portland Rug, Celestial Rug, and Glitz Rug.
Rug available in multiple sizes for living rooms and hallways.
Decorative rug in various colors for bedroom or dining areas.
Shaggy rug option for modern home decor and comfort.
Funding Insights of Modern Rugs
Detailed funding history for Modern Rugs
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Investors in Modern Rugs
Modern Rugs has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include PHD Equity Partners.
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Investor details for Modern Rugs
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Investments & Acquisitions by Modern Rugs
Investment portfolio details for Modern Rugs
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Financial Statements - Modern Rugs
Detailed financials for Modern Rugs
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Modern Rugs Comparisons
Peer comparison for Modern Rugs
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Competitors of Modern Rugs
Modern Rugs operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Blinds 2 Go, Online Home Shop, myza, Rug Seller and The Millshop Online, among others.
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Online retail of window blinds and curtains is operated.
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Online seller of bedding, curtains, garden items, and home decor products.
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Home textiles products are offered via an online marketplace.
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Sold rugs and offered customer support through retail operations.
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Online store selling fabrics, curtains, upholstery, and supplies for home furnishings.
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Detailed competitors of Modern Rugs
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Latest news on Modern Rugs
Complete news archive for Modern Rugs
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Frequently Asked Questions about Modern Rugs
Modern Rugs was founded in 2004.
Modern Rugs is headquartered in Bishop Auckland, United Kingdom. It is registered at Bishop Auckland, County Durham, United Kingdom.
As of Aug 31, 2018, the latest employee count at Modern Rugs is 13.
Modern Rugs is an online rug shop.It sells rugs of different sizes, shapes and brands. It claims to have 15000 designs as of may 2016. It has tie-ups with brands like Esprit, Calvin Klein, Ted Baker etc. It was started by Ben Dale in 2004. It sells rugs price ranged from ranging from below 50 to over 1,000. It sells 25,000 rugs per year domestic and trade clients and the interior design industry. It was bought by Enterprise Ventures with funds from Coalfields Growth Fund and PHD Equity Partners for 3.2 M in Dec 2014.
Modern Rugs's top competitors include Blinds 2 Go, myza and Online Home Shop.
Modern Rugs offers Portland Rug, Celestial Rug, and Glitz Rug.
Modern Rugs has 1 investor. Key investors include PHD Equity Partners.