Article London Limited
- Small
- Active
- 7 years
- 3 employees
- £645,248 (assets)
- Virtual address
- 1 director
- 2 owners
- Regular importer
- Regular exporter
- Family business
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
Article London Limited is a small, active company registered in England/Wales with the registration number 10901289. The company was founded seven years ago on August 04, 2017, and registered at EN6 4SG, United Kingdom, Sopers Road, Cuffley, Cuffley Place, Office 112. The address is probably virtual as eighteen companes registered at the same address. Its status is active. The company operates in the agents involved in the sale of furniture, household goods, hardware and ironmongery, the specialised design activities, the agents involved in the sale of textiles, clothing, fur, footwear and leather goods industries. Officially, it has two owners or PSCs, one director, and three employees. It’s a family business.
The company’s website, Article London, showcases a curated selection of luxury brands specializing in fabrics, wallcoverings, leather, lighting, and furniture. It appears to be primarily an online retailer, with no mention of a physical showroom or store. The site features brands like Elitis, Lithos Design, and Jonathan Browning, suggesting a focus on high-end, design-led products. There’s no obvious e-commerce functionality—no shopping cart or checkout process—suggesting it may operate as a showroom or catalogue for trade clients, or perhaps a B2B platform. Terms and conditions are listed, but there’s no clear indication of how orders are placed or fulfilled.
Financially, Article London Limited is showing some concerning trends. Current assets have decreased by 24%, dropping to £650,000, while net assets have fallen by 3.2%, settling at £570,000. Bank borrowings have increased slightly, and cash reserves have decreased by 11%, settling at £250,000. Creditors have also decreased significantly, which is a positive sign. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it stay agile, but the decline in equity raises questions. The company’s property plant equipment has increased by a whopping 1100%, which is a little surprising. With no auditor mentioned (likely exempt as a small company), the figures rely on unaudited statements.
In short, Article London Limited is facing some financial pressures, despite its focus on high-end products and established brands. Whether it can maintain its position in the competitive luxury market remains to be seen.
Registered in England/Wales under the registration number 10901289, with a registered address at EN6 4SG, United Kingdom, Sopers Road, Cuffley, Cuffley Place, Office 112.
WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Owners & PSC
-
Individual
- 11 months
- 3
- 25%+
-
Resident of United Kingdom
-
Individual
- 7 years
- 2
- 50%+
-
Resident of United Kingdom
Managers
-
Individual
- 7 years
- 4
-
Resident of United Kingdom
Last reports
The latest confirmation statement submitted eleven months ago.
Last news
-
Total exemption full accounts made up to 2024-01-31Download 8 pages pdf report
-
Notification of Rebecca Napolitano as a person with significant control on 2024-08-01Download 2 pages pdf report
-
Change of details for Mr Nicholas Napolitano as a person with significant control on 2024-08-01Download 2 pages pdf report
Importer profile by HS codes
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Exporter profile by HS codes
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