Devon Artificial Ltd
- Small
- Active
- 5 years
- 3 employees
- £3,143 (assets)
- Real address
- 2 directors
- 1 owner
- E-commerce
- Rating 5.0 (1)
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
Phones
Summary
Devon Artificial Ltd from South Molton UK: small company, active status, founded 5 years ago, 3 employees, £3,143 assets, real address, 2 directors, 1 owner, e-commerce site, google rating 5.0 based on 1 reviews. Devon Artificial Ltd is a small, active company based in South Molton, UK, operating as a retail business through its e-commerce site. Established five years ago, it employs just three people and holds a modest £3,143 in assets. The company, which has two directors and one owner, maintains a real address and boasts a perfect 5.0 Google rating based on a single review – a testament to its customer service.
The company's website, Devon Artificial, specializes in faux plants and flowers, decorative planters, and related accessories. It offers a wide range of products, from spring flowers and foliage to potted plants, artificial succulents, and even wedding decorations. The site is well-organized, with clear categories and attractive product images, and offers free UK shipping on orders over £35. It's a clear indication that Devon Artificial is focused on online retail and catering to a UK-based customer base.
Financially, Devon Artificial Ltd presents a mixed picture. Current assets have significantly decreased by 58% to just £3,100, while net assets have also fallen by 8.9% to -£13,000. Bank borrowings have seen a substantial drop of 35%, reaching £5,600, and trade debtors have turned negative, amounting to -£20,000 – a worrying sign. Creditors, however, have remained stable at £190. The company's small size (meeting two of three conditions for being classified as small) helps it stay nimble, but the decline in assets and the negative debtors suggest potential cash flow challenges. With no auditor mentioned, the financial statements are unaudited.
Overall, Devon Artificial Ltd appears to be a small, online-focused business navigating the typical challenges of a startup. While its Google rating suggests strong customer satisfaction, the financial data indicates a need for careful management and potentially a focus on improving cash flow.
Registered in England/Wales under the registration number 12407776, with a registered address at EX36 3BY, England, South Molton, 1 Woodlands Enterprise Center, Pathfields Business Park.
WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Owners & PSC
-
Individual
- Read Simon Alexander
- 1 year
- 2
- 50%+
-
Resident of United Kingdom
Managers
-
Individual
- Read Simon Alexander
- 1 year
- 2
-
Resident of United Kingdom
-
Individual
- Read Andrew Philip
- 2 years
- 2
-
Resident of United Kingdom
Last reports
The latest confirmation statement submitted twenty five days ago.
Last news
-
Confirmation statement made on 2025-03-27 with no updatesDownload 3 pages pdf report
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Total exemption full accounts made up to 2024-01-31Download 7 pages pdf report
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Notification of Simon Alexander Read as a person with significant control on 2024-03-27Download 2 pages pdf report
FAQ about Devon Artificial Ltd
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