Design Living Ltd

Design Living Ltd, based in London, UK, is a small, active company founded four years ago in 2020. It operates from a virtual address, registered at 27 Old Gloucester Street, and is managed by three directors and two owners. The company is a regular importer, primarily dealing in stone, plaster, cement, and similar materials, with eight months of import activity recorded, the latest on November 1st, 2024. It’s a private limited company, employing no staff, and has £24,000 in net assets.

The company’s website, designdliving.co.uk, showcases a luxury interior design studio with a global reach, operating in both the UK and Dubai. They position themselves as a "friendly bunch" offering full interior design services, from apartment redesigns to commercial retail premises, with a focus on bespoke furniture, original artworks, and artisanal wallpapers. They even have a blog with “Client Spotlights” and “Get the Look” sections, suggesting a marketing focus on visual appeal and inspiration. It seems they are trying to build a brand around a personal touch and high-end aesthetics.

Financially, Design Living Ltd’s recent accounts reveal a mixed picture. Creditors decreased by 17%, which is good, but cash bank on hand dropped significantly, falling 110% to £8,600. Loans from directors decreased by 55%, to £24,000, which could be a positive sign of reduced debt, but equity also declined by 31%, to -£24,000. The company is small, meeting two of three criteria for size (turnover under £10.2m, assets under £5.1m, fewer than 50 employees), and the accounts are unaudited, which is typical for companies of this size. There's no mention of an auditor.

The decrease in equity and cash reserves, despite the reduction in loans, suggests the company is burning through money. It's possible that increased operating expenses or investments in marketing are contributing to this trend. It’s also possible that the company is reinvesting in growth, but the lack of positive cash flow is a concern.

Registered in England/Wales under the registration number 12857260, with a registered address at WC1N 3AX, United Kingdom, London, 27 Old Gloucester Street.

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