Simply Design Group Limited

Simply Design Group Limited is a small, active company based in Manchester, UK, founded six years ago in 2018. Employing seventeen people, the company holds £1,113,267 in assets and operates from a virtual address – 125 other companies are registered at the same location. It's a family business run by two directors and two owners, Stevens Colin Derrick and Stevens Peter. The company’s core business involves retail sale via mail order houses or via internet, and it regularly imports ceramic products, with nineteen months of import activity recorded.

The company's website showcases a range of design services, from logos and websites to business cards and signage. It caters to businesses looking to enhance their brand identity and marketing efforts, offering packages and ongoing support. It even provides educational life CIC with marketing material and printed magazines. All of their websites are created using WordPress.

Financially, Simply Design Group Limited's performance presents a mixed picture. Current assets have decreased by 8.3% to £1,100,000, while net assets have plummeted by 56% to -£2,200,000. Bank borrowings have remained stable at £80,000, but cash reserves have increased by 11% to £480,000. Creditors have increased significantly by 53% to £3,900,000. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for flexibility, but the substantial equity decline suggests potential financial pressures. The company is exempt from an audit, so the figures are unaudited.

Registered in England/Wales under the registration number 11716662, with a registered address at M3 2PJ, England, Manchester, Greater Manchester, Reedham House, 31 King Street West.

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