Spencer Churchill Designs Limited

Spencer Churchill Designs Ltd, based in London, UK, is a small, active company founded 38 years ago. With four employees and £528,797 in assets, it operates from a virtual address – a detail worth noting as 103 companies are registered at the same location. The company is led by two directors and owned by a solo founder, Henrietta Spencer-Churchill. It’s an irregular importer and exporter, focusing on furniture, lighting, and prefabricated buildings, with recent activity recorded in September 2024 for imports and August 2023 for exports.

The business operates as both an interior design service and a retail shop in Woodstock, Oxfordshire, celebrating 40 years at the same site in 2021. It offers a comprehensive service, stocking antiques, lamps, and accessories, and providing fabrics, wallpapers, and trimmings. The company also boasts a network of local craftsmen and a warehouse with a selection of antiques, some viewable online. The website highlights a focus on high-quality materials and bespoke design solutions.

Financially, Spencer Churchill Designs Ltd presents a mixed picture. Cash reserves increased significantly by 52%, reaching £250,000, which is good news. However, net assets grew by only 26%, reaching £400,000, suggesting increased liabilities. Dividends paid to shareholders increased by 27%, reaching £73,000. Trade debtors rose dramatically by 86%, reaching £94,000, which could indicate difficulties collecting payments. Creditors also increased by 17%, reaching £130,000. The company meets the criteria for a small company, with turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. The lack of an auditor mentioned suggests an exemption as a small company. Overall, while cash flow improved, the increase in debt raises questions about the company’s long-term financial health.

Registered in England/Wales under the registration number 02045448, with a registered address at SW1P 2PN, London, 1 Vincent Square.

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