Fuchsia Design Ltd

Fuchsia Design Ltd is a small, active company based in London, UK, founded five years ago in 2019. It’s a solo founder operation with one director and one employee, holding £1,572 in assets. The company operates from a virtual address, registered with 69 other businesses, which is a bit unusual.

The business focuses on retail sales via mail order and the internet, alongside architectural, urban planning, and specialised design activities. Its website showcases a range of products, from notebooks and writing sets to travel accessories and personalised gifts, all with a focus on handmade quality and British manufacturing. There’s a strong emphasis on corporate gifting and bespoke design services, and the site even highlights a "WOW" award—a recognition of excellence in the industry.

Financially, Fuchsia Design Ltd’s numbers are modest. Current assets are £1,572, and net assets are just £38. Cash on hand is £1,600, but there's a significant debt of £4,600 owed to directors. Creditors are at £1,400, and there's a dividend of £5,000 declared. It’s a small company, meeting two of three criteria for size (turnover under £10.2m, assets under £5.1m, and fewer than 50 employees). The accounts are filleted, meaning they are exempt from a full audit, and prepared by Ida & Co Accountants.

The company’s small size and reliance on director loans suggest it's operating on a tight budget, possibly reinvesting profits into the business. The lack of substantial cash reserves and the dividend declaration might indicate a need to carefully manage expenses and explore funding options. It's a bit surprising to see such a small asset base given the range of services offered—perhaps the business relies heavily on inventory and outsourcing.

Registered in England/Wales under the registration number 12229232, with a registered address at W4 5YA, England, London, C/O Ida&Co Building 3 Chiswick Business Park, 566 Chiswick High Road.

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