Agency Concept Limited

Agency Concept Limited, based in Mitcham, UK, is a small, active company established twenty years ago in 2005. With a single employee and £37,180 in assets, it operates from a real address and is overseen by two directors, though no owners are officially listed. The company regularly imports furniture, lighting, and prefabricated buildings – a total of seven months of import activity were recorded, with the most recent in December 2024. It operates in the agents involved in the sale of furniture, household goods, hardware and ironmongery industries.

The company's website, agencyconcept.com, highlights a focus on modern Italian furniture, showcasing brands like Dall'agnese, Mab, and Birex. It caters to architects, designers, and contractors, offering both retail and contract services. The site’s structure, with a tab-based menu, suggests a deliberate effort to guide visitors through its product offerings. Infoagencyconcept.com provides additional information, reinforcing its commitment to quality and design.

Financially, Agency Concept Limited presents a mixed picture. Current assets have fallen considerably, dropping 58% to £37,000, while net assets have declined 45% to £49,000. Bank borrowings have decreased by 38% to £25,000, and cash reserves have plummeted 77% to just £1,300. Creditors have also fallen by 38% to £25,000, and trade debtors have dropped 61% to £36,000. The company’s small size—meeting two of three criteria for a small company—helps maintain flexibility, but the significant drop in equity raises questions. There is no auditor mentioned, which is likely due to its exemption as a small company.

Overall, Agency Concept Limited seems to be navigating a period of financial pressure. While its focus on modern Italian furniture and its B2B relationships suggest a solid foundation, the declining assets and cash reserves warrant close attention. Whether it can sustain its operations and capitalize on its niche market remains to be seen.

Registered in England/Wales under the registration number 05331798, with a registered address at CR4 4LY, United Kingdom, Mitcham, 28 Denham Crescent.

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