Simon Denzel Design Limited

Simon Denzel Design Ltd, based in London, UK, is a small, active company founded 14 years ago. Despite its longevity, the company is currently facing challenges, with accounts and confirmation statements overdue for three years. It holds assets valued at £13,167 and operates from a real address in North Kensington, managed by a single director and owner—the solo founder. The business primarily engages in retail sales via mail order and the internet.

The company’s website showcases Simon Denzel’s work as a London-based designer specializing in furniture, interiors, exhibitions, consumer products, and tech. He collaborates with specialists and manufacturers, focusing on detail and innovation. The website highlights various projects, including window boxes, lamps, stools, shelves, and office designs, demonstrating a diverse range of design skills. The website is very professional and well-designed, suggesting a focus on high-quality work.

Financially, Simon Denzel Design Ltd presents a mixed picture. While cash reserves increased by 30% to £11,000, indicating improved liquidity, other key metrics show signs of strain. Trade debtors have decreased significantly by 53%, suggesting difficulties in collecting payments, and creditors have also fallen by 33%, which could be a positive sign of better debt management. However, accrued liabilities deferred income rose by 12%, and net current assets liabilities increased by 43%, which could be a cause for concern. The company’s small size—meeting two of three criteria for a small company—helps it remain flexible, but the decline in equity (a 37% drop) warrants closer attention. With no auditor mentioned, the financial statements are unaudited.

Overall, Simon Denzel Design Ltd appears to be navigating a period of financial pressure. While the design work is impressive and the company remains active, the declining equity and rising liabilities suggest that it’s burning through money. The lack of employees (zero reported) indicates a lean operation, but whether this is sustainable in the long term remains to be seen.

Registered in England/Wales under the registration number 07366621, with a registered address at W10 5AD, England, London, Grand Union Studios, Suite 125 332 Ladbroke Grove, North Kensington.

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