Bls Design Limited

Bls Design Limited is a small, active company based in Harrow, UK, founded five years ago in December 2019. Despite its active status, the company has overdue accounts for the past year and holds £172,266 in assets. Operating from a virtual address shared by twenty-three other companies, Bls Design Limited is a solo-founded operation with one director and one owner, Singh Lakhwinder.

The company’s website, BLS Builders, showcases a family-run business offering building services, from extensions and loft conversions to complete refurbishments, both residential and commercial. They collaborate with specialists like electricians and architects, and even have a showroom in Harrods, London. The website highlights a reliable, cost-effective, and friendly service, and includes glowing customer reviews praising their workmanship and professionalism. They even have a 5.0 Google rating.

Financially, Bls Design Limited presents a mixed picture. While bank borrowings decreased by 7.5%, cash reserves dropped by 12%, and creditors plummeted by a significant 63%. However, current assets have dramatically increased by 18000%, reaching £170,000, and trade debtors have also seen a massive surge, jumping 17000%. Equity, however, has improved, rising from -£110,000 to £41,000. The company meets the criteria for a small business, with turnover under £10.2 million, assets under £5.1 million, and less than 50 employees. The lack of an auditor is typical for a small company.

The sharp increase in debtors suggests a possible cash flow challenge, as customers are taking longer to pay. While the business appears to be growing and attracting positive customer feedback, it’s important to monitor these trends to ensure long-term financial health.

Registered in England/Wales under the registration number 12364405, with a registered address at HA1 3EX, England, Harrow, 5 Jardine House, Bessborough Road.

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