Thedesignconcept Limited

Thedesignconcept Ltd from Bristol UK: a small, holding company with an active status, was founded 17 years ago. It employs nine people and holds £1,774,487 in assets, operating from a virtual address. With three directors and one owner, the company regularly imports furniture, lighting, and prefabricated buildings (153 months), but exports these items irregularly (2 months).

Thedesignconcept Ltd operates an e-commerce website dedicated to library design and supply. The site showcases a wide range of products, from shelving systems and display storage to seating, acoustics, and lighting. It also offers services like library layout design and project management, catering to libraries of all sizes. The website even has a section for news and inspiration, highlighting recent projects and trends in library design. It’s clear the company aims to be a one-stop shop for library needs, with a focus on quality and customer service.

Financially, Thedesignconcept Ltd shows a mixed picture. Current assets remained relatively stable at £1,800,000, but net assets increased by 10% to £1,400,000. Bank borrowings decreased by 13%, suggesting improved cash flow management. Cash reserves, however, dropped by 15% to £1,200,000. Trade debtors decreased by 24%, which is a good sign. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 25 employees) allows for flexibility, but the decrease in cash reserves could indicate increased investment or operational expenses. The company's financial statements are unaudited, and no auditor is mentioned, which is typical for small companies.

Overall, Thedesignconcept Ltd appears to be a stable, albeit small, business with a niche focus. Its virtual address and reliance on online sales suggest a lean operation, and its financial performance, while not spectacular, indicates a company that is holding its own.

Registered in England/Wales under the registration number 06482850, with a registered address at BS1 6FL, United Kingdom, Bristol, First Floor Templeback, 10 Temple Back.

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