Desforma Ltd

Desforma Ltd, based in London, UK, is a small, active company founded six years ago in 2019. With £85,860 in assets and a real address, it's a solo-founded operation managed by a single director and owner. The company operates in the retail sale via mail order houses or via internet industries, and has been importing furniture, lighting, and prefabricated buildings, although only for a single month back in 2022.

The company’s website, Desforma.com, presents itself as a purveyor of luxury furniture, emphasizing unique designs and patented spherical technology. It showcases a range of sofas, armchairs, and tables, alongside a blog featuring insights and expert analysis. The site also offers bespoke services, tailoring pieces to meet specific aesthetic and functional needs. It's a very polished presentation, and they seem to be aiming for a high-end market.

Financially, Desforma Ltd's recent performance is a bit of a mixed bag. Current assets have fallen by 42%, dropping to £86,000, while net assets have increased by 58%, reaching £6,000. Bank borrowings have increased by a significant 170%, rising to £35,000, and cash reserves have decreased by 6.1%, settling at £4,200. Trade creditors have increased dramatically, up 200% to £30,000, which could indicate increased supplier costs or delayed 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) helps keep costs down, but the increase in debt is something to watch. As a small company, it’s exempt from an audit, so these are unaudited figures.

It seems like Desforma Ltd is navigating a period of change, perhaps expanding its operations or facing increased costs. Whether this will translate into long-term growth or create further financial pressures remains to be seen.

Registered in England/Wales under the registration number 11811578, with a registered address at E18 1AN, United Kingdom, London, First Floor 107 George Lane, South Woodford.

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