Ngi Design Ltd

Ngi Design Ltd from Stamford UK is a small, active company founded 27 years ago in 1997. It employs eight people and holds £280,257 in assets, operating from a real address. With two directors and two owners, the company regularly imports furniture, lighting, and prefabricated buildings—a total of 191 months of import activity—with the last import made in February 2025. It also exports these items, though irregularly, with just two months of export activity and the last operation in January 2025.

The company’s website, while not providing detailed information, suggests a focus on interior design and bespoke furniture. It appears to be a retail operation, but there's no obvious e-commerce presence.

Financially, Ngi Design Ltd has experienced some challenges. Net assets have fallen significantly, dropping 51% to £35,000. Cash reserves have also taken a hit, plummeting 83% to just £38,000. Bank borrowings have decreased by 36%, and trade debtors have fallen by a substantial 80%, suggesting improved collection efforts. Creditors, however, have decreased by 74%, which is a good sign. 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 for flexibility, but the decline in equity warrants attention. As a small company, it is exempt from an audit, so the figures are unaudited.

The decrease in employees, from eight to six, is a notable change, and it’s possible that this is related to the financial pressures. Overall, Ngi Design Ltd seems to be navigating a period of adjustment, and its long-standing presence in the market suggests resilience, though careful management will be needed to ensure future stability.

Registered in England/Wales under the registration number 03484832, with a registered address at PE9 2LF, Stamford, Lincolnshire, 4-6 High Street, St. Martins.

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