Dreamarket Ltd

Dreamarket Ltd is a small, active company registered in London, UK. Founded six years ago on March 21, 2019, it currently employs just one person and operates from a virtual address shared by over six thousand other companies – a bit unusual, really. The company’s confirmation statement is overdue by two months, and it’s managed by one director and one owner, Drivas Savvas.

The company’s primary focus is retail sales via mail order and internet, as evidenced by its website, Floor Lamp Arc. This site showcases a range of lighting fixtures, particularly wall-mounted and arc floor lamps, with a focus on design and quality. The website highlights a curated selection of lighting inspired by the latest trends, with a focus on rotin and glass designs. It’s clear they're targeting a design-conscious customer.

Financially, Dreamarket Ltd is showing some concerning trends. While the company is small, meeting two of three criteria for a small company (turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees), its net assets have plummeted to -£6,400, a significant drop from -£3,200 the previous year. Bank borrowings have also increased substantially, rising to £6,400. Cash reserves are low at just £4,100. Creditors have also increased, suggesting a reliance on trade credit. The accounts are described as “filleted,” meaning they are simplified due to the company’s size and are unaudited. There’s no mention of an auditor. It seems like they're burning through cash, but it’s difficult to say if this is a temporary setback or a longer-term challenge.

Registered in England/Wales under the registration number 11897972, with a registered address at W1W 7LT, England, London, 85 Great Portland Street.

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