Joyce Wang London Limited

Joyce Wang London Limited, based in London, UK, is a small, active company founded 10 years ago. With nine employees and £204,427 in assets, it operates from a virtual address—a detail flagged by the registration of 672 other companies at the same location. The company is led by a single director and owner, and functions as an irregular importer of art and antiques, with its last import activity dating back to June 2018.

Joyce Wang Studio, the company’s website, showcases a global portfolio of design projects spanning 10 cities. The site highlights bespoke design services, client campaigns, and case studies, emphasizing collaboration and showcasing projects like Mott 32 and The Berkeley. It’s clear the company focuses on high-end interior design, catering to commercial clients and presenting a polished, international brand. The website doesn’t appear to be an e-commerce platform; instead, it serves as a portfolio and contact point for potential clients.

Financially, Joyce Wang London Limited presents a mixed picture. While net assets grew by 26% to £130,000, cash reserves took a hit, decreasing 40% to £58,000. Trade debtors increased significantly by 49%, suggesting potential delays in customer payments. On a positive note, creditors decreased by 22%, indicating improved debt management. The company meets the criteria for a small company—turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees—and the unaudited financial statements, lacking an auditor's mention, rely on director-reported data.

Overall, Joyce Wang London Limited appears to be a small but established design firm. The growth in net assets is encouraging, but the decrease in cash reserves and increase in trade debtors warrants attention. The company’s reliance on a single director and owner, combined with the virtual address, could present management challenges. It’s likely the company is burning through cash to maintain its operations and secure new projects, but its strong brand and high-end clientele suggest a potential for long-term success.

Registered in England/Wales under the registration number 09398819, with a registered address at NW1 3ER, United Kingdom, London, Acre House, 11/15 William Road.

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