Design Naa Ltd

Design Naa Ltd is a small, active company based in London, UK, founded eight years ago in March 2017. It employs three people and holds £51,000 in assets, operating from a real address on Portobello Road. With one director and one owner – Naa Claire Marie Caroline – it’s a relatively small operation. The company’s activities span a diverse range, including retail sales of clothing, watches, jewellery, antiques, and books, both in stores and online. It’s a small company, meeting two of three conditions: turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees.

The company’s website, while not currently active, suggests a focus on curated retail experiences. It’s unclear if the website is fully operational or serves as a historical archive. Given the diverse range of products mentioned, it’s likely Design Naa Ltd operates primarily through other channels, such as pop-up shops or online marketplaces. It’s difficult to determine if it’s a fully-fledged e-commerce business without a live website.

Financially, Design Naa Ltd presents a mixed picture. While the company's net assets have improved significantly, increasing by 110% to £5,100, there are some concerning trends. Current assets have decreased by 27% to £51,000, and bank borrowings have fallen considerably, by 65% and 26% respectively, suggesting a reduction in debt. However, finished goods have also decreased by 26%, which could indicate slower sales or increased inventory management challenges. Trade debtors have vanished completely, which is unusual and warrants further investigation. The company's small size and lack of an auditor (likely exempt as a small company) mean the figures are unaudited.

Overall, Design Naa Ltd appears to be navigating a period of change. The improved net assets are a positive sign, but the decrease in current assets and the absence of debtors suggest potential cash flow pressures. It's likely the company is focusing on streamlining operations and managing costs, but the long-term sustainability of the business depends on its ability to generate consistent revenue and maintain a healthy cash position.

Registered in England/Wales under the registration number 10687581, with a registered address at W11 2QD, United Kingdom, London, 82b Portobello Road.

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