Dezign Studio Limited

Dezign Studio Limited, based in Ilford, UK, is a small, active company founded just three years ago in 2022. With £146,951 in assets and a real address at 104 High Street, it’s a solo-founded operation run by a single director and owner, Patel Bilal. The business operates a showroom and website specializing in designer bathrooms and bespoke kitchens, boasting a perfect 5.0 Google rating from seventeen reviews. It’s an irregular importer, with its top import category being machinery, boilers, and mechanical appliances, totaling 2 months of imports, the latest in October 2023.

The company’s website highlights its focus on high-quality German kitchens by Bauformat and bespoke British kitchens, alongside a range of tiles and bedroom furniture. It offers a 3D design service and emphasizes accreditation by the Society of British Interior Design. The site also features testimonials from satisfied customers, praising the company’s expertise, helpful advice, and efficient service. It's clear they're targeting a design-conscious clientele willing to invest in premium home renovations.

Financially, Dezign Studio Limited presents a mixed picture. Current assets have decreased by 22%, dropping to £150,000, while net assets have fallen significantly by 310%, landing at -£79,000. Bank borrowings have also decreased, which is a positive sign, but cash reserves have plummeted 63%, leaving just £49,000. Trade debtors have increased substantially, suggesting a potential delay in customer payments, while creditors have also risen. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for agility, but the substantial equity drop is concerning. With no auditor mentioned (likely exempt as a small company), the figures rely on unaudited statements.

Overall, Dezign Studio Limited appears to be navigating a challenging financial landscape. While its design focus and positive customer reviews suggest a strong brand, the declining equity and reduced cash reserves indicate a need for careful management. It’s possible the company is reinvesting heavily in growth, but the financial data suggests a period of strain.

Registered in England/Wales under the registration number 14022747, with a registered address at IG6 2DR, England, Ilford, 104 High Street, Barkingside.

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