Chelsea Designers Ltd

Chelsea Designers Ltd is a small, active company based in London, UK, founded twenty years ago in 2005. With eight employees and £190,982 in assets, it operates from a virtual address—a point to note as 161 companies share the same location. The company is led by a single director and owner, Cochrane Sean Patrick, who also serves as the director. It’s a solo founder operation. Chelsea Designers Ltd imports furniture, lighting, and prefabricated buildings, though imports have been irregular, with the last recorded in 2016.

The company’s website showcases a wide range of contemporary, luxury furniture and lighting, catering to both residential and commercial clients. It functions as an e-commerce platform, allowing customers to browse and purchase items online. The site is well-designed and features high-quality product images, detailed descriptions, and a user-friendly shopping cart. It also offers interior design specialist services. It has a showroom in Pontefract, West Yorkshire.

Financially, Chelsea Designers Ltd presents a mixed picture. Current assets have decreased by 6.8% to £190,000, while net assets have plummeted 19% to -£370,000. Bank borrowings have also decreased by 6.7% to £93,000, and cash reserves have fallen 26% to £59,000. Creditors have remained relatively stable. The company’s small size (meeting two of three conditions for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for flexibility, but the significant equity decline suggests potential financial strain. The lack of an auditor mentioned (likely exempt as a small company) means the figures are unaudited.

It appears Chelsea Designers Ltd is navigating a challenging period, despite maintaining a strong online presence and a focus on high-end design. The decrease in equity could be attributed to increased operating costs or investments in the business, but it warrants close monitoring.

Registered in England/Wales under the registration number 05385174, with a registered address at NW3 5JS, London, Regina House, 124 Finchley Road.

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