Richard Taylor Designs Limited

Richard Taylor Designs Ltd, based in London, UK, is a small, active company founded 27 years ago. With four employees and £247,261 in assets, it’s a solo-founded operation managed by a single director and owner. The company operates from a real address and is regularly importing and exporting furniture, lighting, and prefabricated buildings – 55 months of imports and 24 months of exports recorded. It’s a non-specialised wholesale trade business.

The company’s website is not available, so it's difficult to determine if it operates an e-commerce site or primarily deals with wholesale clients. It's likely they are supplying businesses rather than selling directly to consumers.

Financially, Richard Taylor Designs Ltd presents a mixed picture. Cash bank on hand has decreased by nearly 30%, falling to £100,000, while creditors have increased slightly to £140,000. Equity has also taken a hit, dropping by 28% to £110,000. On a more positive note, the number of employees has risen by 25%, suggesting potential growth, although it’s worth noting that the company is small, meeting two of three conditions for being classified as such: turnover less than £10.2 million, balance sheet total less than £5.1 million, and fewer than 50 employees. Trade debtors have remained constant, and fixed assets have increased by 19%. The accounts are abridged and unaudited, and the company is exempt from an audit.

Overall, Richard Taylor Designs Ltd seems to be navigating a period of change. The decline in cash reserves and equity is concerning, but the increase in employees and stable debtors suggest ongoing activity. It’s possible the company is reinvesting in its business, but the financial data indicates a need for careful management.

Registered in England/Wales under the registration number 03426892, with a registered address at SW6 2BW, United Kingdom, London, Unit 25 Talina Centre, Bagleys Lane.

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