Tweedside Design Co. Ltd

Tweedside Design Co. Ltd from Berwick-Upon-Tweed UK is a small company with an active status, founded four years ago. It employs five people and holds £53,372 in assets, operating from a real address with one director and one owner. The company runs an e-commerce site.

The website, tweedsidedesign.co.uk, is a vibrant online store offering a wide range of homewares and personalized gifts. Launched during the pandemic in 2020, it has already amassed over 50,000 sales. The site caters to a broad audience, offering everything from Christmas decorations and baby shower gifts to items for the bathroom and kitchen. It’s a well-designed site with multiple currencies and shipping options. They even have a section for weddings, offering bridal party gifts and wedding stationery.

Financially, Tweedside Design Co. Ltd shows a mixed picture. While current assets remain relatively stable at £53,000, cash bank on hand has fallen significantly by 59% to £7,000. Creditors have increased by 17% to £82,000, and net current assets and liabilities are down 61% to -£28,000. The company’s small size (meeting two of three conditions for being a small company) helps with agility, but the decline in equity—a 260% increase in retained earnings losses—is a concern. The company's turnover is under £10.2 million and the balance sheet total is under £5.1 million. The company’s unaudited accounts, likely exempt due to its small size, rely on director-reported data. The company has a deferred tax policy.

Overall, Tweedside Design Co. Ltd appears to be a growing e-commerce business facing some financial pressures. The company's focus on personalized gifts and its strong online presence suggest potential for continued growth, but managing its liabilities will be key to its long-term success.

Registered in England/Wales under the registration number 12964507, with a registered address at TD15 2NZ, United Kingdom, Berwick-Upon-Tweed, Chapel House, Haggerston.

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