Public Desire Limited

Public Desire Ltd, a small holding company based in Manchester, UK, has been active for sixteen years. Founded in 2008, the company employs sixty-one people and holds £6,691,397 in assets. It operates from a virtual address, a detail worth noting as seventy-two companies are registered at the same location. The business is overseen by three directors and has one owner, though this owner list may not be exhaustive.

Public Desire Ltd specializes in importing and exporting footwear and related items, with a substantial history of both – 253 months of imports and 315 months of exports. Its website showcases a wide range of women's fashion items, including boots, shoes, clothing, bags, and accessories, primarily sold online. The site emphasizes current trends and offers various payment options like Klarna and Laybuy, indicating a focus on modern e-commerce practices.

Financially, Public Desire Ltd presents a mixed picture. Current assets have decreased by 23%, falling to £6,700,000, while net assets have increased by 60%, reaching £1,400,000. Bank borrowings have vanished entirely, a positive sign, but cash reserves have dropped by 26% to £1,200,000. Trade debtors have seen a significant decrease of 60%, suggesting improved collection of payments, but creditors have also fallen by 33%, indicating a reduction in outstanding obligations. The company’s small size (meeting two of three criteria for being considered small) allows for agility, but the fluctuating numbers warrant attention. No auditor is mentioned, which is typical for small, exempt companies.

The reduction in employee numbers from sixty-one to forty-nine is also a notable trend, potentially reflecting cost-cutting measures or changes in operational strategy. Overall, Public Desire Ltd appears to be navigating a period of adjustment, with both positive and negative financial indicators.

Registered in England/Wales under the registration number 06678204, with a registered address at M1 3BE, United Kingdom, Manchester, 2nd Floor, 9 Portland Street.

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