Dagmar Design Ltd

Dagmar Design Ltd from London UK: a small, active company founded nine years ago, employs six people, and holds £926,819 in assets. It's a solo-founder operation with a real address and a single director. The company regularly imports and exports furniture, lighting, and prefabricated buildings – 44 months of imports and 112 months of exports recorded.

Dagmar Design operates as a luxury mid-century furniture retailer, showcasing a curated collection of vintage and production pieces. Its website, Dagmar Design, features an e-commerce platform where customers can browse and purchase items. The site emphasizes timeless Scandinavian design and expert craftsmanship, highlighting the use of the finest materials. It even has a mailing list for updates. The site also lists a wide range of countries where it ships, from Australia to Vietnam.

Financially, Dagmar Design’s numbers paint a mixed picture. Current assets have decreased by 15%, dropping to £930,000. Bank borrowings have fallen significantly, down 62% to £12,000, and cash reserves have plummeted 100% to just £1. Trade debtors have also seen a substantial decrease, falling 76% to £39,000. Creditors have also dropped, decreasing by 62% to £12,000. The company’s small size—meeting two of three criteria for a small company—allows for agility, but the sharp decline in cash reserves and the increase in accumulated depreciation raise concerns. The company’s unaudited accounts, prepared using VT Final Accounts, are exempt from an audit.

While the company’s import and export activity suggests a steady flow of goods, the financial data reveals a company potentially burning through cash. The decrease in debtors could indicate issues with customer payments, or it could be a strategic move to reduce risk. It's unclear if the company is facing financial difficulties or simply reinvesting in its business, but the trend warrants close monitoring.

Registered in England/Wales under the registration number 09998340, with a registered address at E3 3TZ, England, London, 1 Bow Enterprise Park, Fittleton Gardens.

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