Cosmo Design Limited

Cosmo Design Ltd from Glasgow UK: a small, active company founded 16 years ago, employs 18 people, and holds £1,096,083 in assets. Operating from a virtual address, it’s managed by three directors and two owners. A regular importer, it brings in furniture, lighting, and prefabricated buildings – a total of 202 months of imports, with the last operation in February 2025. The company's core business involves the retail of furniture, lighting, and similar items in specialised stores.

The company’s website is currently unavailable, so it’s difficult to ascertain whether it operates an e-commerce platform or relies solely on wholesale channels. The lack of an active website suggests a more traditional business model, possibly focused on B2B sales or a physical showroom.

Financially, Cosmo Design Ltd presents a mixed picture. Current assets have decreased by 6.8% to £1,000,000, while net assets have fallen a significant 57% to £120,000. Bank borrowings have surged 140% to £210,000, and cash reserves have dropped 4.6% to £260,000. Creditors have also increased, rising 140% to £210,000. Despite these challenges, the company’s size – meeting two of three criteria for a small company (turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) – allows for agility. The lack of an auditor mentioned (likely exempt as a small company) means the figures are unaudited.

The company's recent financial performance indicates a period of increased borrowing and reduced equity, which could be attributed to various factors, such as increased operating expenses or investments in inventory. The substantial increase in bank borrowings, coupled with the decrease in cash reserves, suggests the company may be burning through cash faster than it’s generating revenue. However, the decrease in trade debtors, which is good, may indicate improved debt collection practices.

Registered in Scotland under the registration number SC354685, with a registered address at G2 4JR, Glasgow, 272 Bath Street.

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