Skin Interior Design London Limited

Skin Interior Design London Limited, based in London, UK, is a small, active company established three years ago. With £1,501 in assets and a virtual address shared by eighty-two other companies, it’s a solo-founded venture managed by two directors and a single owner. The business enjoys a stellar 5.0 Google rating based on two reviews, and operates in the specialised design activities industries. It’s an irregular importer, bringing in furniture, lighting, and prefabricated buildings—though only for one month of activity recorded as of November 2022.

The company's website, while not fully fleshed out, suggests a focus on interior design services, likely catering to residential clients. There's no indication of e-commerce activity; instead, the site seems geared towards showcasing the company's portfolio and contact information. It's a boutique operation, aiming to provide tailored design solutions rather than mass-produced goods.

Financially, Skin Interior Design London Limited’s recent report paints a concerning picture. Current assets have plummeted by a staggering 95%, dropping to just £1,500, while net assets have sunk to -£23,000. Bank borrowings are up to £78, and cash reserves have evaporated to a mere £31. Creditors have also decreased by 25%, which is good, but the overall trend points towards significant financial strain. The company meets two of three criteria for being a small company—turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees—but the dramatic drop in equity suggests it’s burning through cash. The report, unaudited and prepared by director, doesn’t mention an auditor.

The company's reliance on a virtual address and limited financial resources could indicate a lean operation, but the sharp decline in equity raises questions about its long-term viability. Whether it can secure additional funding or streamline its operations to reverse this trend remains to be seen.

Registered in England/Wales under the registration number 13622641, with a registered address at W1C 1AX, England, London, 5 Stratford Place.

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