Designspacelondon Limited

Designspacelondon Limited, based in London, UK, is a small holding company with an active status, established twenty years ago in 2005. The company employs thirteen people and holds assets totaling £1,326,762. It operates from a virtual address, registered at a location shared by 342 other companies, and is managed by one director and one owner. Designspacelondon is a regular importer of furniture, lighting, and prefabricated buildings, with ninety months of import activity recorded, the last in February 2025. It also engages in irregular export of basic metal tools and utensils, with just one month of export activity as of September 2023.

The company’s website highlights its focus on architectural kitchens, bathrooms, and living spaces, utilizing Italian brands like Modulnova, Lema, and San Giacomo. It operates a showroom at 126 Wigmore Street, London, and positions itself as an innovator in modular design, catering to modern multipurpose living spaces. The company’s core business is design and installation, with a focus on high-end residential projects.

Financially, Designspacelondon Limited shows a mixed picture. Current assets decreased by 5.9% to £1,300,000, while net assets increased by 11% to £440,000. Bank borrowings decreased by 11% to £50,000, and cash reserves increased by 12% to £640,000. Trade debtors decreased by 11%, and creditors decreased by 8.6%. Finished goods increased dramatically, by 360% to £110,000, suggesting a buildup of inventory. 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 maintain agility, but the significant increase in finished goods raises questions about sales momentum. With no auditor mentioned, the figures rely on unaudited statements.

Overall, Designspacelondon Limited appears to be financially stable, with healthy cash reserves and decreasing debt. However, the increase in finished goods and the decrease in debtors warrants closer monitoring. The company’s focus on high-end design and its strong brand partnerships position it well for continued success, but it will need to manage its inventory effectively to maintain profitability.

Registered in England/Wales under the registration number 05432186, with a registered address at SE1 2JE, England, London, 19 The Circle, Queen Elizabeth Street.

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