Dinky Ideas Limited

Dinky Ideas Limited is a small, active family business based in Chichester, UK, founded eight years ago in 2016. The company, with £41,469 in assets, operates an e-commerce site and employs two directors and two owners. It’s a real address, and the company’s activities include retail sales via mail order and internet, specialised design, and other business support services.

The company’s website, Lakeside Needlecraft, showcases a vast range of cross-stitch products, offering threads, fabrics, charts, and kits from various brands like Anchor, DMC, and Weeks Dye Works. It caters to enthusiasts with a comprehensive selection of tools, accessories, and even crochet supplies. The site also features a sale section and a digital gift card option, and offers free UK delivery on orders over £40. The website is well-stocked and clearly aimed at the craft market.

Financially, Dinky Ideas Limited shows a mixed picture. Current assets decreased by 4.7% to £41,000, while net assets fell by 10% to -£35,000. Bank borrowings increased significantly, reaching £7,300, and cash reserves dropped by 79% to just £390. Creditors also increased by 11% to £36,000. Despite these challenges, the company’s small size—meeting two of three conditions for a small company—allows for agility. The unaudited financial statements, as is common for small companies, rely on director-reported data. The lack of a mentioned auditor is not unusual.

While the e-commerce site appears vibrant and well-stocked, the financial data suggests the company is facing some financial strain. It’s possible the company is reinvesting in its business, but the decline in cash reserves is something to watch.

Registered in England/Wales under the registration number 10470722, with a registered address at PO19 7LT, England, Chichester, Evans Weir, The Victoria, 25 St. Pancras.

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