Design Creativity Ltd
- Small
- Active
- 4 years
- £6,570 (assets)
- Virtual address
- 2 directors
- 1 owner
- Irregular importer
- 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
Design Creativity Ltd is a small, active company based in London, UK, founded four years ago in 2020. It's a solo-founder operation with two directors, and holds just £6,570 in assets. The company operates an e-commerce site specializing in custom-embroidered hats and related products, serving both individual and corporate clients. It’s a virtual address, with 47,000 other companies registered at the same location. The company is irregular importer, with its top import category being Glass and Glassware, totaling 1 months of imports. The last import operation was conducted on May 01, 2021.
The company’s website, Design By Creative, showcases a wide range of customizable hats, including beanies, snapbacks, and trucker caps. Customers can upload their own logos and designs, choosing from various thread colors and embroidery styles. The site emphasizes quick turnaround times and low minimum order quantities, catering to both small and large-scale orders. It even offers 3D puff embroidery, a more specialized service. The site is well-designed and easy to navigate, with clear pricing and a helpful FAQ section.
Financially, Design Creativity Ltd is facing some challenges. Current assets have plummeted by 65%, falling to £6,600, while net assets have also decreased significantly, dropping to -£40,000. Cash bank on hand has also fallen by 23%, reaching £1,300. Trade creditors have increased dramatically, rising by 1,100% to £720. The lack of employees (zero reported) suggests a very lean operation. While the company meets the criteria for a small company (turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees), the sharp decline in equity raises concerns about its financial stability. There’s no auditor mentioned, likely due to its small size, so the figures are unaudited.
Despite these financial pressures, Design Creativity Ltd seems to be maintaining a strong online presence and catering to a niche market. Whether it can overcome these challenges and achieve sustainable growth remains to be seen, but its focus on customization and customer service could be key to its future success.
Registered in England/Wales under the registration number 12958271, with a registered address at EC1V 2NX, United Kingdom, London, 128 City Road.
WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Owners & PSC
-
Individual
- Lartey Samuel
- 4 years
- 2
- 75%+
-
Resident of United Kingdom
Managers
-
Individual
- Lartey Samuel
- 4 years
- 2
-
Resident of United Kingdom
-
Individual
- Lartey Samuel
- 4 years
-
Resident of United Kingdom
Last reports
The latest confirmation statement submitted five months ago.
Last news
-
Confirmation statement made on 2024-10-18 with no updatesDownload 3 pages pdf report
-
Total exemption full accounts made up to 2023-10-31Download 7 pages pdf report
-
Confirmation statement made on 2023-10-18 with no updatesDownload 3 pages pdf report
Importer profile by HS codes
Last imported products
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FAQ about Design Creativity Ltd
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