Blue Sky Designs Limited

Blue Sky Designs Ltd, based in Otley, UK, is a small holding company with an active status, having been established 22 years ago. The company employs 27 people and holds assets valued at £1,916,107. It’s managed by four directors and has one owner, with a real address registered. Regular import and export activity is noted, with 203 months of imports and 91 months of exports, both focused on miscellaneous manufactured goods.

The company operates as an interior design consultancy, specializing in commercial spaces. Its website details a six-step process, from initial briefing and workplace analysis to furniture selection and design implementation. They work closely with clients, offering tailored solutions and emphasizing sustainability. Projects highlighted include collaborations with companies like KnowBe4 and GB Group PLC, showcasing a portfolio of modern and functional office designs.

Financially, Blue Sky Designs Ltd presents a mixed picture. Current assets have significantly decreased by 50%, dropping to £1,900,000, while net assets have fallen by 45% to £480,000. Bank borrowings have increased substantially, rising by 22% to £570,000, and cash reserves have declined by 40% to £51,000. However, creditors have also decreased by a considerable 74%, suggesting improved debt management. The company meets the criteria for a small company—with turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees—allowing for flexibility. There's no auditor mentioned, likely due to small company exemption.

The sharp decrease in assets and cash, coupled with increased borrowings, suggests the company may be facing financial pressure. Perhaps they're investing heavily in new projects or experiencing slower-than-expected revenue growth. However, the reduction in creditors indicates a proactive approach to managing debt. The company’s focus on commercial interior design and its track record of successful projects, along with a strong online presence, position it well for future growth, although careful financial management will be essential.

Registered in England/Wales under the registration number 04459190, with a registered address at LS21 3JP, United Kingdom, Otley, West Yorkshire, Wharfebank House North Wharfebank Mills, Ilkley Road.

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