Northpoint Design Limited

Northpoint Design Ltd from Ashford UK is a small, active company founded 21 years ago. With just one employee and £57,456 in assets, it operates from a virtual address – a point of interest as seventy other companies share this location. Stern Michael is both the director and owner, a solo founder with a stellar 5.0 Google rating based on 32 reviews. The company is an irregular importer, bringing in furniture, lighting, and prefabricated buildings, though only for a month at a time, with the last import occurring in March 3023. It operates within the other building completion and finishing industries.

The company’s website is currently unavailable, making it difficult to assess its online presence and sales channels. Without a website, it’s unclear if Northpoint Design Ltd operates an e-commerce platform or relies on other sales methods, such as direct sales or partnerships.

Financially, Northpoint Design Ltd presents a mixed picture. While cash bank on hand increased by 10% to £45,000, current assets decreased by 4.3% to £57,000. Trade debtors have risen significantly, increasing by 45% to £7,000, which could indicate a delay in customer payments. However, creditors have also increased by 23% to £81,000, and net assets have fallen dramatically by 97% to just £780. The company’s small size – meeting two of three conditions for being classified as small – helps it remain flexible, but the sharp decline in equity is a cause for concern. Dividends paid remained steady at £69,000. The lack of an auditor mentioned suggests the company is exempt from an audit as a small company.

The company’s financial data indicates it's struggling to maintain profitability, with losses increasing. The rise in debtors suggests potential cash flow issues, while the increase in creditors indicates a reliance on short-term financing. The decrease in net assets is a worrying trend, and the company will need to address these issues to ensure its long-term viability.

Registered in England/Wales under the registration number 04804965, with a registered address at TW15 3QN, Ashford, Middlesex, Osbourne House, 143-145 Stanwell Road.

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