Designer Group Ltd

  • Small
  • Active
  • 8 years
  • 2 employees
  • £81,382 (assets)
  • Real address
  • 1 director
  • 1 owner
  • Irregular importer
  • Irregular exporter

Field of Operation

Retail sale of watches and jewellery in specialised stores
47770 9178 companies

Website

Social media

Summary

Designer Group Ltd, based in Barry, UK, is a small, active company founded eight years ago in 2016. With two employees and £81,382 in assets, it operates from a real address and is overseen by one director and owner, Ahmed Mohammed Masood. The company is a irregular importer, bringing in art and antiques for one month, and a irregular exporter of clocks, watches, and their parts, exporting for two months. It’s a retail sale of watches and jewellery in specialised stores.

The company’s website is not available, so it's difficult to determine if they operate an e-commerce site. It’s likely they operate through a physical store or wholesale channels, given their focus on retail sales.

Financially, Designer Group Ltd shows a mixed picture. Current assets increased by 30% to £81,000, but net assets decreased by 47% to -£180,000. Bank borrowings increased by 39% to £390,000, and cash reserves dropped by 91% to just £67. Creditors increased by 39% to £390,000. The company meets the criteria for a small company, with a turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. The decrease in equity and cash reserves, combined with increased borrowings, suggests the company is burning through money, perhaps investing in inventory or marketing. The lack of an auditor mentioned (likely exempt as a small company) means the figures are unaudited.

Registered in Wales under the registration number 10319586, with a registered address at CF63 2AW, Wales, Barry, The Business Centre, Cardiff House, Cardiff Road.

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

Owners & PSC

  • 8 years
  • 1
  • psc

Managers

  • 8 years
  • 1
Md

Last reports

Download the last financial report
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Last news

  1. Confirmation statement made on 2025-02-15 with no updates
  2. Total exemption full accounts made up to 2024-08-31
  3. Confirmation statement made on 2024-02-15 with no updates
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Importer profile by HS codes

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Last imported products

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Similar importers

Buy the list of 1430 UK B2B buyers of art and antiques.
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*from 99$

Exporter profile by HS codes

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Last exported products

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Similar exporters

Buy the list of 656 UK B2B buyers of clocks, watches, and their parts.
  • Company names
  • HS codes
  • Financial data
  • Officers and owners
*from 99$

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