Design & Source Direct Limited

Design & Source Direct Ltd, based in Belper, UK, is a small, active company founded 25 years ago in 1999. With two employees and £309,071 in assets, it’s a solo-founded operation managed by three directors and a single owner. The company regularly imports leather goods, travel bags, and animal harnesses—though import activity has slowed to just three months, the last being January 2019.

The company operates as the UK center for design business operations of Wuxi Jinmao Foreign Trade Co. Ltd, a globally integrated clothing manufacturer. It’s also a subsidiary of Singtex Private, Limited, and focuses on knit and woven garments for ladies, men, kids, and babies across multiple categories, including loungewear, sportswear, and intimate apparel. The company's website highlights an agile network of factories across Asia and sub-Saharan Africa, providing sustainable, scalable business opportunities. It even has a showroom and design studio in the UK.

Financially, Design & Source Direct Ltd shows some concerning trends. Cash bank on hand decreased by 18% to £130,000, while debtors increased by a significant 42% to £180,000. Creditors also rose by 14% to £130,000. Equity increased by 6.3% to £180,000, but the increase in debtors suggests potential issues with customer payments. The company’s small size—meeting two of three conditions for a small company (turnover under £10.2m, assets under £5.1m, fewer than 50 employees)—helps it remain flexible, but the increase in debt warrants attention. There's no auditor mentioned, which is common for small, exempt companies. The increase from depreciation charge for the year was 40 GBP, which is a small number. Overall, the company seems to be holding steady, but needs to keep an eye on its debt levels.

Registered in England/Wales under the registration number 03848891, with a registered address at DE56 4GE, England, Belper, 3 Ecclesbourne Avenue, Duffield.

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