Madsen Design Ltd

Madsen Design Ltd, based in Cirencester, UK, is a small, active company founded thirteen years ago in 2011. With two employees and £16,348 in assets, it operates from a virtual address shared by 375 other companies, suggesting a potentially less substantial physical presence. The company is led by two directors, with one owner – a solo founder – at the helm. It’s an irregular importer, primarily bringing in furniture, lighting, and prefabricated buildings, with just two months of import activity recorded in 2022.

The company’s website, infomadsendesign.co.uk, specializes in providing educational furniture for the flexible learning environment. It offers a range of ergonomically designed classroom furniture from leading European manufacturers, catering to schools and architects seeking to build more flexible learning spaces. The site highlights its focus on modern teaching styles and provides contact information, including a phone number and company registration number.

Financially, Madsen Design Ltd’s report reveals some concerning trends. Current assets have fallen by 38% to £16,000, and net assets have declined by 31% to £230. Bank borrowings have decreased by 66%, and cash reserves have plummeted 100% to a mere £8. While creditors have fallen by 66%, the sharp decline in assets and cash, combined with the increase in other creditors, suggests the company is facing financial pressure. The company’s small size (meeting two of three conditions for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it remain nimble, but the decrease in equity raises questions about its long-term sustainability. As a small company, it’s exempt from an audit, so the figures are unaudited.

Registered in England/Wales under the registration number 07871848, with a registered address at GL7 1US, United Kingdom, Cirencester, Gloucestershire, Oakley House, Tetbury Road.

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