Halard Design Ltd

Halard Design Ltd, based in Stroud, UK, is a small, active company founded four years ago. With a single employee and £29,632 in assets, it’s a solo founder operation led by one director and owner. The company operates in the specialised design activities industries and is an irregular importer, bringing in man-made staple fibers for a single month as of May 2023. It has a real registered address, and only one other company is registered at that location.

The company’s website, halard.co.uk, is simple and focuses on showcasing the work of Bastien Halard, an interior designer. There’s no obvious e-commerce functionality—it appears to be a portfolio site, highlighting design projects and offering contact information. The site’s minimalist design and lack of detailed product descriptions suggest the business primarily operates through direct client engagement rather than online sales.

Financially, Halard Design Ltd presents a mixed picture. Cash reserves have increased dramatically, jumping 2,400% to £6,700, a very positive sign. However, current assets overall have also increased by a whopping 11,000% to £30,000. Creditors have also risen by 20% to £28,000, and debtors have jumped to £23,000. Equity, however, has plummeted 110% to just £2,000. The company's small size—meeting two of three criteria for a small company—helps it remain flexible, but the substantial equity decline is a concern. The company is exempt from an audit, so the figures are unaudited.

In short, Halard Design Ltd seems to be experiencing a period of growth, but also facing some financial strain. The increase in cash reserves is encouraging, but the decrease in equity suggests the company may be burning through money faster than it’s generating profit. It's a common pattern for solo founders, and whether Halard Design Ltd can sustain this growth trajectory remains to be seen.

Registered in England/Wales under the registration number 12918642, with a registered address at GL6 7NG, England, Stroud, Catswood Farm Catswood Lane, Stancombe.

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