Michael Anastassiades Limited

Michael Anastassiades Limited is a small, active company based in Tipton, UK, founded twelve years ago in 2012. With fourteen employees and £2,293,874 in assets, it’s a solo-founded operation managed by one director and owner. The company’s real address is at Unit 1-3 Park Lane Industrial Estate, Park Lane East, DY4 8RF. It regularly imports and exports furniture, lighting, and prefabricated buildings—nineteen months of import activity and seventy-four months of export activity recorded, the latest in January 2025.

The company’s website, michaelanastassiades.com, showcases a range of lighting designs and furniture pieces, emphasizing a minimalist aesthetic and high-end materials. It operates as a viewing room, allowing customers to browse and purchase items online. The site also features collaborations, exhibitions, and commissions, suggesting a focus on bespoke and limited-edition pieces. While the website doesn't explicitly state the business model, it appears to be a mix of online retail and custom design services.

Financially, Michael Anastassiades Limited shows some concerning trends. While turnover remained steady at £2,000,000, net assets declined by 1.6% to £1,900,000. Cash reserves fell 51% to £960,000, and bank borrowings increased significantly—a 1900% rise to £2,300. Creditors also decreased by 59%, which could be a positive sign of improved debt management. 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 it to remain flexible, but the decrease in equity and the rise in borrowings are worth noting. The unaudited figures, as a small company exempt from an audit, rely on director-reported data.

The company's focus on high-end design and limited-edition pieces suggests a premium pricing strategy. Whether this can offset the financial pressures remains to be seen—but Michael Anastassiades Limited appears to be navigating a challenging economic climate while maintaining its commitment to unique and innovative design.

Registered in England/Wales under the registration number 08119375, with a registered address at DY4 8RF, United Kingdom, Tipton, Unit 1-3 Park Lane Industrial Estate, Park Lane East.

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