The Maxim Design Group Limited

The Maxim Design Group Limited, based in London, UK, is a small, active company established 35 years ago in 1989. With three employees and £654,167 in assets, it operates from a real address in Southbrook Mews. The company is led by three directors and owned by three individuals, with ownership details having been updated recently—a good sign for potential sales opportunities. It’s an irregular importer, primarily dealing in furniture, lighting, and prefabricated buildings, with the last import occurring in July 2024.

The company’s website showcases its expertise in retail display solutions, offering services ranging from conceptual design to store implementation. Maxim Design Group positions itself as an award-winning company with over 30 years of experience, emphasizing "Solution Driven Thinking" and a commitment to creating targeted operational efficiencies. The website highlights a team of specialists, including a managing director, creative director, and office manager, each with their own contact details. The company also provides services to a variety of clients and even has a showroom in Harrods, London.

Financially, The Maxim Design Group Limited presents a mixed picture. While current assets increased slightly to £650,000, net assets have significantly declined to £11,000—a drop of 71%. Cash reserves have also fallen considerably, decreasing by 56% to £160,000. Bank borrowings have decreased by 22%, and creditors have increased by 13%. Trade debtors have ballooned by 93%, which could indicate challenges with collecting payments. The company meets the criteria for being a small company, with turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. No auditor is mentioned, which is typical for small, exempt companies.

Overall, The Maxim Design Group Limited appears to be navigating a period of financial adjustment. While the company’s services and client base seem robust, the decrease in equity and cash reserves warrants close attention. The recent changes in ownership and director details suggest ongoing activity and a desire to maintain momentum—but whether this will translate into improved financial performance remains to be seen.

Registered in England/Wales under the registration number 02399168, with a registered address at SE12 8LG, England, London, Unit 10 Southbrook Mews, Southbrook Road.

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