Niche Projects London Limited

Niche Projects London Ltd from London UK: small company, active status, founded 5 years ago, 20 employees, £980,056 assets, real address, 3 directors, 1 owner, e-commerce site, google rating 5.0 based on 18 reviews. Regular importer of furniture, lighting, and prefabricated buildings (13 months imported). It’s a small company as it met two conditions of three: turnover less than £10.2 million, balance sheet less than £5.1 million, employees less than 50. The company operates in the specialised design activities industries.

The company’s website, Niche Projects London, focuses on interior design and project management services. It appears to be an e-commerce site, although it’s unclear if it’s primarily for selling products or showcasing design portfolios. The site highlights a range of projects, from residential renovations to commercial fit-outs, emphasizing a bespoke approach and attention to detail. It’s a professional looking site, but lacks a clear call to action or online store functionality.

Financially, Niche Projects London Ltd shows a mixed picture. While current assets increased slightly to £980,000, cash reserves took a significant hit, dropping 51% to just £360,000. Trade debtors soared by a staggering 190%, indicating potential issues with customer payments or a shift towards offering credit terms. Creditors also increased, though at a more modest 5.9%, suggesting a need to manage short-term liabilities. Equity remained relatively stable, but a decrease in fixed assets by 55% is noticeable. The company’s small size helps it stay flexible, but the increase in debtors could be a cause for concern. There’s no auditor mentioned, which is common for small companies.

Overall, Niche Projects London Ltd seems to be navigating a period of change. While its design services are well-regarded, the financial data suggests it's burning through cash. The increase in debtors is something to keep an eye on, and the company will need to maintain a strong focus on cash flow management to ensure its long-term viability.

Registered in England/Wales under the registration number 12450755, with a registered address at SE8 5ER, England, London, Unit B1 Greenland Place, Yeoman Street.

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