Desirum Ltd

Desirum Ltd from London UK: a small, active company founded four years ago, employs two people, and holds £223,723 in assets. It operates from a virtual address, has one director and owner (a solo founder), and irregularly imports art and antiques—just one month's worth, with the last operation in December 2024. The company is registered at WC2H 9JQ, United Kingdom, London, 71-75 Shelton Street, but this address is probably virtual as 807 companies are registered there.

Desirum Ltd’s website doesn’t reveal much about its day-to-day operations. It’s difficult to tell if it’s an e-commerce site, a consultancy, or something else entirely. The company’s activities are described as architectural, urban planning, media representation, and specialised design, suggesting a diverse range of services.

Financially, Desirum Ltd presents a mixed picture. While cash reserves have impressively grown by 180% to £200,000, current assets have also increased by 370% to £220,000. However, retained earnings and accumulated losses have plummeted by 83%, leaving equity at just £8,100. Trade debtors have improved dramatically, decreasing by 180%, but bank borrowings have risen by 2,400%, reaching £29,000. The company’s small size (meeting two of three conditions for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows it to be nimble, but the significant drop in equity is concerning. The accounts are unaudited, and no auditor is mentioned, which is typical for a small company.

The company's irregular import activity, coupled with the fluctuating financials, suggests it may be experiencing some turbulence. It’s possible the company is reinvesting heavily in its business, or perhaps it's facing challenges in managing its cash flow. It's also possible that the company is burning through money like a startup, but more information is needed to determine the true situation.

Registered in England/Wales under the registration number 12659740, with a registered address at WC2H 9JQ, United Kingdom, London, 71-75 Shelton Street.

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