Studio Spiteri Ltd

Studio Spiteri Ltd is a small, active company based in Derby, UK, founded three years ago in January 3022. The company has one employee and holds £48,747 in assets. It’s a solo-founded operation run by a single director and owner, Spiteri George Paul Edward. The business operates in the development of building projects industries, and has a virtual address, with 113 other companies registered at the same location. The company is an irregular importer, with its top import category being Furniture, Lighting, and Prefabricated Buildings, totaling 1 months of imports. The last import operation was conducted on October 01, 2023.

The company’s website, studiospiteri.com, showcases a focus on bespoke design and interior projects. It positions itself as experts in creating elegant, original interiors with immaculate detailing, catering to both residential and commercial clients. Testimonials from satisfied customers highlight the company’s attention to detail and ability to transform spaces. The site offers a free consultation and emphasizes a personalized approach to design. It’s clear that Studio Spiteri Ltd is focused on delivering high-quality, custom solutions for its clients.

Financially, Studio Spiteri Ltd is showing some concerning trends. Current assets have dropped significantly by 75% to £49,000, while net assets have increased dramatically by 1400% to £14,000. Bank cash has decreased by 82% to £33,000, and trade debtors have increased by 100% to £16,000. Creditors have decreased by 68% to £75,000. While equity has increased by 1600%, the large decrease in cash reserves and the increase in debtors suggests the company might be burning through money. The company is small, meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees. With no auditor mentioned (likely exempt as a small company), the figures rely on unaudited statements.

In short, Studio Spiteri Ltd appears to be growing but facing financial pressures. The company’s focus on high-end design projects is promising, but the need to manage cash flow and debt will be crucial for its long-term success.

Registered in England/Wales under the registration number 13833153, with a registered address at DE1 3DE, United Kingdom, Derby, 47a Queen Street.

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