Passion Of Design Ltd
- Small
- Holding
- Active
- 6 years
- 94 employees
- £2,369,476 (assets)
- Virtual address
- 1 director
- 2 owners
- Regular importer
- Regular exporter
Two conditions of three:
1.Turnover < £10.2 million
2.Balance sheet total < £5.1 million
3.Average number of employees < 50
Field of Operation
Website
Summary
Passion Of Design Ltd is a small, active holding company based in Leicester, UK. Founded six years ago in July 2018, it employs ninety-four people and holds assets valued at £2,369,476. The company operates from a virtual address, registered at 109 Coleman Road, LE5 4LE – a detail worth noting as 186 companies share this address. It’s led by one director, Patel Mehzabin, and two owners, Pod Investments Ltd and 3a Investments Ltd.
The company’s core business revolves around the manufacture of other women’s outerwear. It’s a regular importer, bringing in clothing and accessories made by knitting or crocheting for a substantial 245 months, with the latest import occurring in February 2025. Passion Of Design Ltd also exports knitted or crocheted fabrics, with twelve months of export activity, also concluding in February 2025.
Financially, the company’s performance presents a mixed picture. While current assets increased by a significant 54% to £2,400,000, net assets have dramatically improved, increasing by 410% to £110,000. However, bank borrowings have increased, and cash reserves have decreased. Trade debtors have ballooned by 150%, suggesting potential issues with customer payments. The company meets the criteria for a small business, with a turnover under £10.2 million, assets under £5.1 million, and fewer than fifty employees. The lack of an auditor mentioned is likely due to the company’s small size and exemption from an audit.
Despite these challenges, Passion Of Design Ltd seems to be holding its own. The company's ability to maintain import and export activity, alongside a growing asset base, suggests a degree of resilience. However, the increased reliance on trade debtors warrants closer monitoring.
Registered in England/Wales under the registration number 11481220, with a registered address at LE5 4LE, United Kingdom, Leicester, 109 Coleman Road.
WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Owners & PSC
-
Corporate
- 5 years
- 25%+
-
Resident of United Kingdom
-
Corporate
- 6 years
- 2
- 25%+
-
Resident of United Kingdom
Managers
-
Individual
- 6 years
- 2
-
Resident of United Kingdom
Last reports
The latest confirmation statement submitted four months ago.
Last news
-
Confirmation statement made on 2025-01-30 with no updatesDownload 3 pages pdf report
-
Total exemption full accounts made up to 2023-07-31Download 9 pages pdf report
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Confirmation statement made on 2024-01-30 with no updatesDownload 3 pages pdf report
Importer profile by HS codes
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Last imported products
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Exporter profile by HS codes
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Last exported products
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FAQ about Passion Of Design Ltd
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