Space I-d Limited

Space I-d Limited, based in Boldon Colliery, UK, is a small, active company founded nineteen years ago in December 2005. The business boasts a 5.0 Google rating from two reviews and employs eight people, holding £173,585 in assets. It operates from a real address and is overseen by four directors and three owners. The company is an irregular importer, primarily dealing in furniture, lighting, and prefabricated buildings, with its last import operation occurring two months ago.

The company's website describes Space I-d Limited as offering interior design, architecture, and virtual reality services in the North East. They focus on creating unique, tailored spaces for clients, offering a full-service approach that includes in-house architectural services, 360-degree solutions, and a range of sister companies like Space to Operate, Space to Build, Space Inside, and Space VR. The website showcases hospitality projects and emphasizes a focus on longevity and style.

Financially, Space I-d Limited shows a mixed picture. While bank borrowings decreased by 12%, current assets also fell by 17%, dropping to £140,000. Trade debtors experienced a significant decline, plummeting 77% to just £18,000, which could indicate a focus on cash sales or difficulties collecting payments. Creditors also decreased by 35%, suggesting improved debt management. However, net assets fell by 31%, and equity dropped by 34%, which are concerning trends. The company's small size (meeting two of three conditions for being considered small) allows for flexibility, but the declining equity raises questions about its long-term financial health. No auditor is mentioned, likely due to its small size and exemption from an audit.

Overall, Space I-d Limited appears to be navigating a period of financial adjustment, with a focus on its core design services and a need to address the declining equity.

Registered in England/Wales under the registration number 05644604, with a registered address at NE35 9AF, England, Boldon Colliery, Police Station, North Road.

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