Studio B Design Ltd

Studio B Design Ltd is a small, active company based in Bristol, UK, founded five years ago in 2019. It employs eight people and holds £128,581 in assets. The company operates a real address and is managed by one director and one owner. It runs an e-commerce site and is an irregular importer, primarily of furniture, lighting, and prefabricated buildings, with its last import activity recorded a year ago in June 2022.

The company’s website, Studio B Homeware, showcases a curated selection of interior design products, from dining chairs and coffee tables to mirrors and soft furnishings. It’s a visually appealing site with a focus on modern, stylish pieces. The site also offers interior design services, suggesting a broader range of offerings beyond just product sales. Testimonials from satisfied customers highlight the quality of the products and the quick delivery, a nice touch.

Financially, Studio B Design Ltd presents a mixed picture. While current assets increased by 36% to £130,000, net assets also rose by 28% to £81,000. However, bank borrowings decreased by 43%, and cash reserves are at £8,600. Creditors also decreased by 43%, which is a positive sign. The company meets the criteria to be considered a small company, with a turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. The company’s equity decreased, which is a concerning trend. No auditor is mentioned, which is common for small companies.

The company's average number of employees decreased by 50%, which could be a sign of restructuring or reduced workload. The significant increase in trade debtors suggests the company may be experiencing delays in customer payments, or perhaps it's extending credit terms to boost sales. Overall, Studio B Design Ltd seems to be navigating a period of change, balancing growth with financial pressures.

Registered in England/Wales under the registration number 12052369, with a registered address at BS1 5PU, England, Bristol, 9 Hill Street Bristol Studio B,, 9 Hill Street.

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