Spaced Design Ltd

Spaced Design Ltd, based in Bradford-On-Avon, UK, is a small, active company established twenty years ago in 2005. With a single employee and £14,527 in assets, it operates from a real address and is managed by two directors and two owners. The company is an irregular importer, primarily dealing in toys, games, and sports equipment, with its last import operation occurring over two years ago in September 2022.

The company’s website paints a picture of a creative agency offering bespoke logo, brand, and website design services. It seems to work with a wide range of clients, from global leaders like Entoptic Vision and Kingfisher Drinks to local businesses like the Canterbury Christ Church University. The agency's portfolio showcases diverse projects, including website design, print management, photography, and even film production—it's a full-service creative shop. They're clearly focused on building trusted brand initiatives and offering alternative creative directions.

Financially, Spaced Design Ltd presents a mixed bag. While cash bank on hand increased by a healthy 64%, reaching £12,000, current assets have dropped by 35% to £15,000. Creditors have decreased significantly by 52%, to £26,000, which is a positive sign. However, the company's equity has plummeted 89%, leaving it with a net asset liability of -£3,700. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it stay nimble, but the sharp decline in equity is a cause for concern. The company is exempt from an audit, so the numbers are unaudited.

The company's intangible assets have also seen a substantial decrease, dropping by 50% to £6,000. This suggests a potential write-down of goodwill or other intangible assets, which could be linked to changes in the business or market conditions. It's likely that the company is facing some financial pressures, but its diverse portfolio and focus on creative services could help it weather the storm.

Registered in England/Wales under the registration number 05359399, with a registered address at BA15 1BH, Bradford-On-Avon, Wiltshire, 3 Woolley Close.

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