Barcode Design Limited

Barcode Design Limited, based in Leicester, UK, is a small, active company founded eleven years ago in 2014. With fifteen employees and £103,274 in assets, it operates from a real address and is overseen by four directors, though there are no registered owners. The company regularly imports clothing and accessories made by knitting or crocheting, with a history of 66 months of import activity. It’s a specialised design activities company, supplying a wide range of retailers both domestically and internationally, including the UK, Europe, USA, North Africa, UAE, and India.

The company's website highlights its dedication to creating commercially viable, trendsetting pieces. Barcode Design acts as a manufacturer, offering design, sourcing, printing, and manufacturing services to clients. It caters to both established brands and those seeking unique, affordable statement pieces, offering everything from concept development to complete project management. The site also showcases a gallery of past work and encourages visitors to stay updated through its newsletter.

Financially, Barcode Design Limited presents a concerning picture. Current assets have plummeted by a staggering 72%, dropping to just £100,000, while net assets have fallen into negative territory at -£140,000. Cash reserves have also shrunk dramatically, decreasing by 82% to a mere £480. Creditors have increased, both within and after one year, indicating potential cash flow issues. The company’s employee numbers have also decreased significantly, dropping 67% to just five. Despite meeting the criteria for a small company (turnover under £10.2m, assets under £5.1m, fewer than 50 employees), the sharp decline in equity and cash reserves suggests the company is struggling. The accounts are abridged and unaudited, and no auditor is mentioned.

It seems Barcode Design Limited is facing significant financial headwinds, despite its focus on design and manufacturing services. Whether it can recover from these losses remains to be seen.

Registered in England/Wales under the registration number 09028740, with a registered address at IP28 7DE, England, Bury St. Edmunds, Unit A James Carter Road, Mildenhall.

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