Appreciation Project Ltd
- Small
- Active
- 4 years
- £1,780 (assets)
- Real address
- 1 director
- 2 owners
- Family business
- E-commerce
Two conditions of three:
1.Turnover < £10.2 million
2.Balance sheet total < £5.1 million
3.Average number of employees < 50
Field of Operation
Website
Summary
Appreciation Project Ltd is a small, active company based in Margate, UK, established four years ago. It's a family business operating an e-commerce site with a real address and a single director. The company holds £1,780 in assets and is owned by Lyon John Philip and Lyon Natasha Helen.
The company’s website, Interior Design Studio, showcases a focus on colour and craftsmanship in British design and interiors. It offers a range of products, including the "Stack" series, and provides interior design services, including bespoke consultancy and project work. The site highlights collaborations, a journal, and a manifesto, emphasizing a design-led approach and sustainable practices. It's clear the business is focused on selling interior design products and offering design services, with a strong visual presence and a focus on quality.
Financially, Appreciation Project Ltd is showing some concerning trends. Cash reserves have increased significantly, jumping 660% to £580, but this is offset by a substantial rise in creditors, up 27% to £15,000. Equity has also decreased by 30%, now standing at -£13,000. While the company’s small size (meeting two of three criteria for a small company) allows for agility, the negative equity suggests it's burning through cash. Inventories have decreased by 20%, which could indicate a deliberate effort to reduce stock levels or slower sales. With no auditor mentioned (likely exempt as a small company), the figures are unaudited.
Overall, Appreciation Project Ltd appears to be a small business with a strong brand identity and a focus on design, but the financial data suggests it's facing challenges. It’s possible the increased creditors reflect investments in inventory or marketing to drive sales, but the negative equity warrants close monitoring.
Registered in England/Wales under the registration number 12611227, with a registered address at CT9 2PT, England, Margate, 274 Northdown Road.
WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Owners & PSC
-
Individual
- Lyon John Philip
- 4 years
- 25%+
-
Resident of United Kingdom
-
Individual
- Lyon Natasha Helen
- 4 years
- 25%+
-
Resident of United Kingdom
Managers
-
Individual
- Lyon John Philip
- 4 years
-
Resident of United Kingdom
Last reports
The latest confirmation statement submitted eleven months ago.
Last news
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Total exemption full accounts made up to 2024-05-31Download 7 pages pdf report
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Confirmation statement made on 2024-05-18 with updatesDownload 4 pages pdf report
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Total exemption full accounts made up to 2023-05-31Download 7 pages pdf report
FAQ about Appreciation Project Ltd
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