New Design Group Limited

New Design Group Ltd from Gainsborough UK is a small, active company founded 65 years ago in 1959. Employing 29 people and holding assets of £2,669,129, it's a well-established business with a real address and five directors, overseen by a single owner. The company regularly imports and exports furniture, lighting, and prefabricated buildings – 188 months of imports and 61 months of exports recorded, with the most recent activity in February 2025.

The company's website showcases a contract and office furniture business, emphasizing human interaction and bespoke design. It offers a wide range of products, from meeting tables and sofas to space dividers and high-chairs, catering to various venues and industries. The website highlights a partnership with award-winning British designer Simon Pengelly, showcasing the Theo collection, a family of furniture products designed for the company. The site also features a virtual showroom and case studies, demonstrating its work with clients like CISL and Tate Modern. It’s clear the business is focused on design, quality, and customer service.

Financially, New Design Group Ltd’s report shows some interesting trends. Accumulated amortisation increased by 48%, and depreciation on property, plant, and equipment rose by 290%, suggesting investment in assets. Bank borrowings decreased by 50%, which is a positive sign, and cash reserves increased by 2.2% to £820,000. However, creditors also increased by 57%, and trade debtors decreased by 6.2%, which could indicate some challenges in collecting payments. Net assets remained stable at £1,100,000. The company, meeting two of three criteria for being a small company, benefits from agility, but the increase in creditors warrants further attention. No auditor is mentioned, likely due to its small size and exemption from an audit.

Overall, New Design Group Ltd appears to be a stable, long-standing business, but it's important to monitor its debt management and ensure it can maintain its financial health in the long term.

Registered in England/Wales under the registration number 00633894, with a registered address at DN21 1RZ, England, Gainsborough, Ryan Building Sandars Road, Heapham Road Industrial Estate.

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