David Mellor Design Limited

David Mellor Design Ltd from Hathersage UK: a small, active company established 42 years ago, employs 42 people, and holds £4,026,170 in assets. It's a real address, run by two directors and two owners, and operates as a family business with an e-commerce site. The company regularly imports and exports basic metal tools and utensils, with 160 months of import activity and 224 months of export activity.

It's a small company as it met two conditions of three: turnover less than £10.2 million, balance sheet less than £5.1 million, employees less than 50. The company operates in the other retail sale of new goods in specialised stores (not commercial art galleries and opticians) industries. The company is a regular importer, with its top import category being Basic metal tools and utensils, totaling 160 months of imports. The company is a regular exporter, with its top export categories including Basic metal tools and utensils, totaling 224 of months exports.

David Mellor Design Ltd operates a sophisticated e-commerce platform showcasing a wide range of products. The site is well-designed and easy to navigate, with clear product descriptions and high-quality images. Customers can browse cutlery, kitchen knives, tableware, glassware, craft pottery, cooking and baking equipment, and more. The website also features a gift registry and visitor centre tickets, and a catalogue can be ordered. The company has multiple shops, including locations in the Design Museum, Cafe, and Cutlery factory in Hathersage, Derbyshire, as well as a Sloane Square home in London and a larger shop in Marylebone.

Financially, David Mellor Design Ltd shows some interesting trends. Current assets increased by 18%, reaching £4,000,000, while net assets grew by 10%, hitting £5,700,000. Bank borrowings increased by 170%, reaching £290,000, and cash reserves fell 30% to £28,000. Creditors decreased by 18%, suggesting better debt management. The company’s small size helps it stay agile, but the sharp equity drop raises questions. With no auditor mentioned (likely exempt as a small company), the figures rely on unaudited statements.

The company’s financial data suggests a period of growth, with increasing assets and net assets. However, the increase in bank borrowings and decrease in cash reserves could indicate a need for careful financial management. The company's focus on high-quality design and its multi-channel retail presence position it well for continued success, but it will need to navigate the challenges of a competitive market.

Registered in England/Wales under the registration number 01679789, with a registered address at S32 1BA, Hathersage, Sheffield, The Round Building, Grindleford Road.

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