Designs By Limited

Designs By Ltd from Cirencester UK: a small company with an active status, was founded eight years ago. It employs three people and holds £202,735 in assets, operating from a real address. The company is managed by one director and one owner. It’s an irregular importer of furniture, lighting, and prefabricated buildings, with just two months of import activity recorded as of September 2019.

The company’s website is currently unavailable, making it difficult to determine the exact nature of its operations beyond the information provided in the report. It appears to be involved in other business support service activities n.e.c. industries.

Financially, Designs By Ltd presents a mixed picture. Current assets have seen a significant drop, decreasing by 62% to £200,000. Bank borrowings have increased by 29%, reaching £170,000, while cash reserves have plummeted 89%, leaving just £17,000. Creditors have also decreased slightly, by 2.7%. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it remain flexible, but the sharp decline in assets and cash is concerning. The company’s equity has also decreased by 13%, dropping to £850,000. No auditor is mentioned, likely due to its small company status, meaning the figures are unaudited.

The company’s irregular import activity suggests it may be adapting to changing market conditions or focusing on specific, niche products. It’s a bit of a shame the website is down, it would have been good to see what they are doing.

Registered in England/Wales under the registration number 10415452, with a registered address at GL7 1JW, England, Cirencester, 5 Chesterton Terrace.

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