Red Dog Glass Design Limited

Red Dog Glass Design Ltd from Bristol UK is a small, active company founded nine years ago. It’s a solo operation with one employee and boasts £15,252 in assets, operating from a real address and running an e-commerce site. The company is led by one director and owner.

The business specializes in retail sale via mail order houses or via internet, artistic creation, and the retail sale of hardware, paints and glass. It also engages in specialised design activities. The company’s website, while not extensively detailed in the report, suggests a focus on glass design and related products.

Financially, Red Dog Glass Design Ltd appears to be struggling. Net assets have plummeted by a significant 37%, reaching -£49,000. Cash reserves have also taken a severe hit, falling 82% to just £11,000. Bank borrowings have decreased, but an overdraft of £910 has emerged. Creditors have also increased, suggesting a need for better cash flow management. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) does offer some agility, but the sharp decline in equity is concerning. The lack of an auditor (likely exempt as a small company) means the figures are unaudited.

The company’s financial data reveals a concerning trend of burning through cash. While the e-commerce site suggests ongoing activity, the significant losses and dwindling reserves indicate a need for careful management. The decrease in debtors is a positive sign, but the overall picture suggests a company facing financial headwinds.

Registered in England/Wales under the registration number 09624566, with a registered address at BS7 9DU, United Kingdom, Bristol, 50 Brynland Avenue.

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