Squarepeg Solutions Ltd

Squarepeg Solutions Ltd, based in London, UK, is a small, active company established six years ago. Employing just two people, it generates approximately £368,815 in yearly revenue and holds a stellar 5.0 Google rating based on three reviews. The company operates from a real address in Rosebery Industrial Park and is led by two directors and owners, Dillon Karl and Spasov Daniel. It regularly imports furniture, lighting, and prefabricated buildings—the last import was recorded three months ago in December 2023.

The company’s website highlights its specialization in bespoke kitchens and furniture, emphasizing British craftsmanship and handmade designs. It caters to homeowners seeking unique, high-quality cabinets and furniture, offering a range of styles from traditional to modern. The website showcases projects in North London and beyond, detailing the creation of custom kitchens, bathroom furniture, and hand-painted pieces. It’s clear Squarepeg Solutions is focused on a premium market, offering tailored designs and a personalized service.

Financially, Squarepeg Solutions Ltd presents a mixed picture. While turnover increased by 7.1% to £370,000, gross profit decreased by 11% to £170,000. Operating profit also declined by 29% to £31,000. Bank borrowings increased, and cash reserves fell significantly. Although the company meets the criteria for a small business—with turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees—the decline in profitability suggests potential challenges. The lack of an auditor mentioned (likely exempt as a small company) means the figures are unaudited. It seems like the company is holding its own, but needs to watch its costs carefully.

Registered in England/Wales under the registration number 11600430, with a registered address at N17 9SR, England, London, Unit 25a Rosebery Industrial Park, Rosebery Avenue.

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