Designer Group Ltd
- Small
- Active
- 8 years
- 2 employees
- £81,382 (assets)
- Real address
- 1 director
- 1 owner
- Irregular importer
- Irregular exporter
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
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
-
Individual
- 8 years
- 1
- psc
-
Resident of United Kingdom
Managers
-
Individual
- 8 years
- 1
-
Resident of United Kingdom
Last reports
The latest confirmation statement submitted four months ago.
Last news
-
Confirmation statement made on 2025-02-15 with no updatesDownload 3 pages pdf report
-
Total exemption full accounts made up to 2024-08-31Download 7 pages pdf report
-
Confirmation statement made on 2024-02-15 with no updatesDownload 3 pages pdf report
Importer profile by HS codes
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Last imported products
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Exporter profile by HS codes
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Last exported products
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FAQ about Designer Group Ltd
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