Distinctive London Limited

Distinctive London Limited is a small, active company based in London, UK, founded five years ago in December 2019. With nine employees and £268,719 in assets, it operates from a real address at 48 Great Russell Street. The company is led by one director and has two owners, and it’s a regular importer of wood and wood products, with four months of import activity recorded, the last in August 2023. Distinctive London Limited specializes in other letting and operating of own or leased real estate.

The company’s website, Distinctive Studios, showcases its services as a luxury interior design studio offering bespoke, tailor-made solutions for residential, mixed-use, and event spaces. It highlights a versatile design aesthetic, from modern minimalist to traditional maximalist, and emphasizes collaboration with clients. The website also features client testimonials praising the company’s creativity, efficiency, and professionalism, and it presents a selection of recent projects, some of which are now used as photo shoot locations. A blog section provides insights into interior design trends and projects.

Financially, Distinctive London Limited presents a mixed picture. While net assets increased by a substantial 98% to £110,000, cash reserves decreased by 19% to £29,000. Bank borrowings surged by a whopping 800%, reaching £50,000, and trade debtors increased by 240%, suggesting a reliance on customer payments. Creditors, however, decreased by 15%, which is a positive sign. 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 flexibility, but the increase in debt raises some concerns. The accounts are unaudited, as the company is exempt from an audit.

The significant increase in bank borrowings, alongside a decrease in cash reserves, suggests that Distinctive London Limited may be burning through money, though it's difficult to say for sure. The company's success seems to be tied to its reputation for luxury interior design, and the increase in debtors could be a result of expanding credit terms to attract new clients.

Registered in England/Wales under the registration number 12342266, with a registered address at WC1B 3PA, England, London, 48 Great Russell Street.

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