Concept Virtual Design Ltd

Concept Virtual Design Ltd, based in Slough, UK, is a small, family-run business with an active status. Founded 19 years ago, the company employs seven people and holds £213,607 in assets. It has a real address and is managed by one director and two owners. Google reviews give it a perfect 5.0 rating based on five reviews, and it regularly imports machinery, boilers, and mechanical appliances – parts, with 14 months of import activity recorded.

The company operates in the “other retail sale in non-specialised stores” industries. Its website highlights a passion for beautiful design, specializing in visionary bathroom design for new builds and luxury renovations. They offer a comprehensive service, from initial design to supply of luxury bathroom sanitary ware, and even provide expert bathroom fitting services. The site emphasizes a unique visionary approach and a focus on detail, catering to architects, developers, and private clients.

Financially, Concept Virtual Design Ltd shows some mixed signals. While current assets increased by 11% to £210,000, net assets only rose slightly to £180,000. Bank borrowings surged by 480% to £27,000, and cash reserves fell 48% to £27,000. Creditors increased by 54% to £300,000. The company qualifies as small, meeting two of three criteria (turnover under £10.2m, assets under £5.1m, and fewer than 50 employees). There’s no auditor mentioned, likely due to its small size.

The significant increase in creditors suggests the company may be relying more on credit to fund its operations—a common trait for growing businesses. While the increase in assets is positive, the sharp rise in borrowing and the decrease in cash reserves warrant closer monitoring. The company's focus on high-end bathroom design and its family-run nature could be a strength, but its financial health will depend on maintaining a steady flow of projects and managing its debt effectively.

Registered in England/Wales under the registration number 05800555, with a registered address at SL3 9EG, Slough, Berkshire, 10 Portland Business Centre, Manor House Lane Datchet.

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