1.61 London Ltd

1.61 London Luxury Interior Design Property Developer London is a small, active company based in Lancing, UK, founded fourteen years ago in 2010. With £7,721,606 in assets and a virtual address, it employs ten people and is run by two directors and two owners. The company operates as a family business with an e-commerce site and a stellar 5.0 Google rating from 32 reviews. It’s a regular importer of furniture, lighting, and prefabricated buildings, with nineteen months of import activity recorded, the latest in February 2025.

The company’s website showcases its work as a luxury interior design studio and a super prime property developer. Brothers Alex and Michael Christou founded 1.61 London, dedicated to delivering exceptional homes with high levels of design, craftsmanship, and service. Operating globally, the brand offers a one-stop shop for clients, bringing together in-house skills to deliver exclusive projects with passion and attention to detail. The company boasts a global community of over 315,000 followers and has won multiple international design awards. Projects highlighted on the site include developments in Mayfair, Bel Air, and various locations across London and England, ranging from full redevelopments to new builds and listed property restorations.

Financially, 1.61 London shows a mixed picture. Current assets increased by 33% to £7,700,000, while net assets grew by 32% to £6,200,000. Cash reserves increased significantly by 110% to £5,700,000. However, bank borrowings remained constant at £25,000, and trade debtors dropped by a dramatic 94% to just £17,000. Advances to directors decreased by 45% to £26,000. 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 substantial decrease in trade debtors is something to keep an eye on. With no auditor mentioned (likely exempt as a small company), the figures rely on unaudited statements.

Overall, 1.61 London appears to be in a healthy position, benefiting from a strong brand and high-end projects. However, the sharp drop in trade debtors suggests a potential challenge in managing customer payments, which may need to be addressed.

Registered in England/Wales under the registration number 07478961, with a registered address at BN15 8AF, England, Lancing, West Sussex, Office Ff10 Brooklands House, 58 Marlborough Road.

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