Dayspring Brands Ltd
- Small
- Active
- 2 years
- 1 employee
- £6,000 (assets)
- £10,373 (revenue)
- Virtual address
- 1 director
- 1 owner
- Solo founder
- E-commerce
Two conditions of three:
1.Turnover < £10.2 million
2.Balance sheet total < £5.1 million
3.Average number of employees < 50
Field of Operation
Website
Summary
Dayspring Brands Ltd is a small, active company based in London, UK, founded two years ago in March 2023. It’s a solo-founded operation with one director and owner, Nguyen Long The, and employs just one person. The company holds £6,000 in assets and generated £10,373 in revenue last year, operating primarily through an e-commerce site. The registered address is a virtual one, sharing space with 10,768 other companies.
The business focuses on retail sales via mail order and internet, offering a wide range of Christian cards, inspirational gifts, home décor, and digital resources. Its website, DaySpring.com, showcases a vibrant selection of products, including boxed cards, gifts, books, and Bibles, catering to various occasions and recipients. The site also features a blog with articles on faith, encouragement, and relationships, reinforcing its brand identity as a source of inspiration and hope.
Financially, Dayspring Brands Ltd is showing some challenges. While revenue remains steady at £10,373, net losses deepened to -£10,000, and cash reserves are low. Bank borrowings increased, and trade debtors are high, suggesting potential difficulties with customer payments. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for agility, but the declining equity raises concerns. As a small company, it’s exempt from an audit, so the figures are unaudited.
It’s clear that while the e-commerce side appears active and well-reviewed, the financials reveal a company that's working hard to stay afloat. Whether the business can turn things around and achieve sustainable growth remains to be seen—but for now, Dayspring Brands Ltd is betting on its niche market and customer satisfaction to keep going.
Registered in England/Wales under the registration number 14762578, with a registered address at EC2A 4NE, United Kingdom, London, England, 86-90 Paul Street.
WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Owners & PSC
-
Individual
- Nguyen Long The
- 2 years
- 1
- 75%+
-
Resident of United Kingdom
Managers
-
Individual
- Nguyen Long The
- 2 years
-
Resident of United Kingdom
Last reports
The latest confirmation statement submitted one year ago.
Last news
-
Total exemption full accounts made up to 2024-03-31Download 12 pages pdf report
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Confirmation statement made on 2024-03-26 with no updatesDownload 3 pages pdf report
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IncorporationDownload 10 pages pdf report
FAQ about Dayspring Brands Ltd
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