The Department Store Brixton Ltd

The Department Store Brixton Ltd, based in London, UK, is a large, active company founded seven years ago. Employing eighty-two people and holding assets valued at £11,743,633, it’s a significant player in the retail sector. The company, which has a real address, is led by three directors and owned by Squire Henry Raglan, who is also the solo founder. It operates an e-commerce site and enjoys a Google rating of 4.0 based on 122 reviews.

The Department Store’s website highlights its role as a development by architects Squire Partners, reviving a local landmark to create collaborative workspaces. It’s a hub for creative, retail, and community uses, housing a roastery, café, event space, record shop, post office, and restaurant. The site emphasizes partnerships with craftspeople and furniture makers, offering a mix of work and event spaces alongside retail units. The business operates in retail, licensed clubs, specialised design activities, and combined office administrative service activities.

Financially, The Department Store Brixton Ltd presents a mixed picture. While cash reserves increased by a healthy 55% to £3.5 million, net assets only grew slightly. However, bank borrowings decreased by 3.3% to £27 million, and administrative expenses fell by 25%. Perhaps a little concerning is the 32% drop in the average number of employees, down to eighty-two, and the 41% increase in depreciation, which could indicate increased investment in property and equipment. Creditors decreased by 18%, suggesting improved debt management. The company’s large size—meeting two of three conditions for a large company—and the absence of an auditor (likely exempt) mean the figures rely on unaudited statements.

Overall, The Department Store Brixton Ltd appears to be navigating a period of change, with a focus on collaborative workspaces and a blend of retail and creative ventures.

Registered in England/Wales under the registration number 10894778, with a registered address at SW9 8FR, United Kingdom, London, The Department Store, 248 Ferndale Road.

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