Ian Smith Design (edinburgh) Ltd

  • Small
  • Active
  • 9 years
  • 5 employees
  • £397,734 (assets)
  • Real address
  • 1 director
  • 1 owner
  • Irregular importer
  • Rating 5.0 (2)

Field of Operation

Retail of furniture, lighting, and similar (not musical instruments or scores) in specialised store
47599 11452 companies

Social media

Summary

Ian Smith Design Edinburgh Ltd, based in Edinburgh, UK, is a small, active company established nine years ago. With five employees and £397,734 in assets, it’s a relatively modest operation led by one director and owner. The company enjoys a stellar 5.0 Google rating based on two reviews, reflecting a high level of customer satisfaction. It’s an irregular importer, primarily dealing in furniture, lighting, and prefabricated buildings, with its last import activity recorded one month ago.

The company’s website highlights its focus on interior design, interior architecture, project management, and bespoke furniture. It boasts an in-house team of architectural and interior designers offering a fully integrated design and project management service, catering to both residential and commercial clients. The website suggests a strong emphasis on design and project delivery, with no obvious e-commerce functionality.

Financially, Ian Smith Design Edinburgh Ltd presents a mixed picture. While cash reserves have impressively grown by 190% to £370,000, current assets have also increased by 47% to £400,000. However, trade debtors have significantly decreased by 68% to just £14,000, which could indicate a shift in payment terms or potential collection issues. Creditors have also risen, particularly within one year, by 180% to £160,000, which might be linked to increased stock purchases or project expenses. 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 decrease in debtors is something to keep an eye on. The company’s accounts are unaudited, as is common for small businesses.

Overall, Ian Smith Design Edinburgh Ltd appears to be a well-regarded design firm navigating the typical challenges of growth. The increase in cash and assets is encouraging, but the fluctuating debtor and creditor figures suggest a need for careful financial management.

Registered in Scotland under the registration number SC535829, with a registered address at EH3 5NR, Scotland, Edinburgh, 6 Summer Place.

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

Owners & PSC

  • 9 years
  • 2
  • 50%+

Managers

  • 9 years
  • 2
Interior designer

Last reports

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Last news

  1. Total exemption full accounts made up to 2024-05-31
  2. Confirmation statement made on 2024-09-20 with no updates
  3. Total exemption full accounts made up to 2023-05-31
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Importer profile by HS codes

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