Design Locker Limited

Design Locker Limited, based in Leicester, UK, is a small, active company founded fourteen years ago in 2010. With twelve employees and £229,960 in assets, it operates as a solo-founded business with one director and owner. The company runs an e-commerce site specializing in editable t-shirt designs for print-on-demand stores. It regularly imports clothing and accessories—excluding knitted or crocheted items—with a history of 139 months of import activity. Export activity, limited to clothing and accessories made by knitting or crocheting, has been sporadic, with just one month of recorded exports dating back to 2017.

The website, DesignsLocker.com, is a marketplace for t-shirt and clothing designs. It offers a wide range of editable designs across various niches, catering to print-on-demand businesses. The site emphasizes high-quality designs, competitive pricing, and a focus on trending styles. It even provides free designs and a mailing list for discounts—a smart tactic for attracting new customers. The site also has a section for customer reviews, which are generally positive.

Financially, Design Locker Limited’s recent report reveals a mixed picture. Creditors have increased significantly, jumping 37% to £1,000,000, while bank borrowings have decreased by 4.5% to £240,000. Cash bank on hand remains at a modest £78, a slight decrease. The company's net assets have declined by 35%, reaching -£760,000, a considerable drop. Trade debtors have plummeted by 89%, a dramatic shift. The company meets the criteria for a small business, with turnover under £10.2 million and fewer than 50 employees. There's no mention of an auditor, likely due to its small size and exemption from an audit.

Overall, Design Locker Limited appears to be navigating a challenging financial landscape. The increase in creditors suggests potential cash flow pressures, while the decline in net assets raises concerns about long-term sustainability. However, the active e-commerce site and focus on trending designs indicate a commitment to growth—though whether it can overcome these financial headwinds remains to be seen.

Registered in England/Wales under the registration number 07427635, with a registered address at LE2 6UG, Leicester, 497 Saffron Lane.

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