Desmond & Dempsey Ltd

Desmond & Dempsey Ltd, a small company based in London, UK, has been active for eleven years. Employing thirty-one people, the company holds assets valued at £1,227,011, operating from a virtual address. With six directors and three owners, Desmond & Dempsey Ltd regularly imports and exports clothing and accessories—excluding knitted or crocheted items—for eight and seven months respectively.

The company’s website showcases luxury pyjamas designed and produced in the UK, targeting both men and women. The site features a wide range of products, from bestselling sets to new collections, and even offers personalized monogramming. It's clearly an e-commerce operation, with a focus on high-end design and a seamless online shopping experience. The website also highlights a commitment to sustainability and ethical practices.

Financially, Desmond & Dempsey Ltd has experienced some shifts. Current assets have decreased by 44%, dropping to £1,200,000, while net assets have plummeted 250%, reaching a negative £2,500,000. Cash reserves have also declined significantly, falling 110% to -£69,000. Trade debtors have decreased by 61%, suggesting better collection practices, but trade creditors have increased by 26%, which could indicate increased reliance on supplier credit. The company’s small size—meeting two of three criteria for a small company—allows for agility, but the substantial equity decline warrants attention. No auditor is mentioned, consistent with its status as a small, exempt company.

The substantial losses could be attributed to increased operating expenses or investments in growth, but it's also possible that the company is facing challenges in maintaining profitability. The company's focus on luxury goods and online sales suggests a commitment to a premium brand experience, but it will need to carefully manage its finances to ensure long-term sustainability.

Registered in England/Wales under the registration number 09007844, with a registered address at NW3 5JJ, United Kingdom, London, 4th Floor Charles House, 108-110 Finchley Road.

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