Ideas By Design Limited

Ideas By Design Limited, based in Warwick, UK, is a small holding company with an active status, celebrating 28 years in business. Employing 13 people, the company holds £1,056,247 in assets and operates from a real address. Led by three directors and one owner, it functions as a regular importer of miscellaneous metal items (21 months) and a regular exporter of various textile products, sets, used clothing, and rags (15 months).

The company’s website showcases a wide range of promotional products and apparel, catering to diverse needs from awards and bags to drinkware and technology accessories. It operates an e-commerce platform, allowing customers to browse and purchase items online. The site also features a “Product of the Day” section and highlights its ability to provide custom imprinted products.

Financially, Ideas By Design Limited’s report reveals some concerning trends. Accrued liabilities increased significantly, jumping 87% to £41,000, while net assets experienced a substantial drop of 53%, settling at £250,000. Bank borrowings also rose considerably, increasing by 140% to £490,000. However, there’s a positive sign in decreased other creditors, falling 90% to just £240. The company meets the criteria to be considered small, with turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. The lack of an auditor mentioned suggests the company is exempt from an audit.

While the company’s website demonstrates a robust online presence and diverse product offerings, the financial data suggests a period of financial strain. The sharp decline in equity and increase in debt could indicate challenges in managing cash flow, although the decrease in creditors shows some improvement in debt management. It is unclear if these trends are temporary or a sign of longer-term issues.

Registered in England/Wales under the registration number 03265758, with a registered address at CV34 6RR, England, Warwick, Warwickshire, Unit 3 Titan Business Centre, Spartan Close.

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