Future Designs Limited
- Small
- Holding
- Active
- 35 years
- 48 employees
- £2,868,251 (assets)
- Virtual address
- 5 directors
- 1 owner
- Regular importer
- Regular exporter
Two conditions of three:
1.Turnover < £10.2 million
2.Balance sheet total < £5.1 million
3.Average number of employees < 50
Field of Operation
Website
Summary
Future Designs Ltd, based in London, UK, is a small holding company with an active status, marking its 35th anniversary this year. Employing 48 people, the company holds assets valued at £2,868,251, but operates from a virtual address—a detail worth noting as 103 companies are registered at the same location. Five directors and one owner guide the company, which has been importing furniture, lighting, and prefabricated buildings for a consistent 78 months, with the last import occurring in January 01, 2025. Export activity, though less frequent, has spanned eight months, with the most recent shipment made on June 01, 2024.
The company’s website showcases a bespoke lighting design business, specializing in linear, recessed, suspended, surface, track, emergency, and datacentre lighting solutions. They’re particularly proud of their work on the Elizabeth Line project, creating a powerful LED solution. Future Designs operates from three locations: The Lighthouse in Edenbridge, Soho Lighthouse in London, and Single Business Tower in Dubai, UAE. The website emphasizes custom design, global reach, and a commitment to quality, suggesting a focus on high-end clients and project-based work. They even have a blog, which is a nice touch.
Financially, Future Designs Ltd presents a mixed picture. While current assets increased by 23%, to £2,900,000, net assets decreased by 8.3%, to £1,800,000. Bank borrowings increased by 14%, reaching £29,000, and cash reserves fell 14% to £860,000. Trade creditors saw a significant jump of 120%, reaching £1,200,000, which could indicate increased purchasing or delayed payments. 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 equity decline warrants further investigation. No auditor is mentioned, which is common for small companies.
Overall, Future Designs Ltd appears to be navigating a period of change. The company's focus on bespoke lighting design and international reach suggests a premium business model, but the financial data hints at potential challenges in managing cash flow and debt.
Registered in England/Wales under the registration number 02442948, with a registered address at SW1P 2PN, London, 1 Vincent Square.
WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Owners & PSC
-
Corporate
- Mia 18 Ltd
- 9 years
- 1
- 75%+
-
Resident of United Kingdom
Managers
-
Individual
- Clements Oliver Frank
- 4 years
- 1
-
Resident of United Kingdom
-
Individual
- Noad Paul
- 10 years
-
Resident of United Kingdom
-
Individual
- Ellis Leon Lee
- 22 years
- 1
-
Resident of United Kingdom
-
Individual
- Clements Karen Ann
- 23 years
- 3
-
Resident of United Kingdom
-
Individual
- Clements David Silvester
- 31 years
- 9
-
Resident of United Kingdom
Last reports
The latest confirmation statement submitted eleven months ago.
Last news
-
Accounts for a small company made up to 2023-12-31Download 15 pages pdf report
-
Confirmation statement made on 2024-05-14 with updatesDownload 5 pages pdf report
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Accounts for a small company made up to 2022-12-31Download 14 pages pdf report
Importer profile by HS codes
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Exporter profile by HS codes
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FAQ about Future Designs Limited
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