Zachrisson-smith Limited

Zachrisson Smith Ltd from Bristol UK is a small, active company founded five years ago. Despite its active status, the company is currently facing some financial challenges, with accounts overdue for eight months and confirmation statements also outstanding for five months. It employs just three people and holds £57,103 in assets, operating from a virtual address shared by twenty-two other companies. The company is led by a single director and owner, who also acts as the solo founder. It’s an irregular importer, having imported none for one month, with the last import operation occurring in July 2020.

The company’s website, zachrisson-smith.co.uk, showcases a focus on high-end residential and marine interiors, specializing in award-winning smart interiors and cinema rooms. They work with architects and developers, integrating multiple systems to create bespoke living experiences. The company highlights its industry recognition, having earned a CEDIA Award for media room design and installation. The website features a menu with sections for "Who," "What," "Clients," "Contact," and "Location," along with a London office coming soon. It also includes a newsletter signup form and details about its services and projects.

Financially, Zachrisson Smith Ltd presents a mixed picture. While bank borrowings increased slightly, cash reserves saw a dramatic surge, jumping 12,000% to £21,000. However, net assets declined significantly, falling 110% to just £810. Trade debtors plummeted 90%, suggesting potential issues with collecting payments, and creditors decreased by 97%, which is a good sign. The company's small size—meeting two of three criteria for a small company—allows for agility, but the substantial decrease in equity is a cause for concern. The lack of an auditor mentioned suggests the company is exempt as a small company, relying on unaudited statements.

Overall, Zachrisson Smith Ltd appears to be navigating a period of financial adjustment. While its focus on luxury interiors and award-winning design is a strong foundation, the company will need to address the equity decline and manage its trade receivables to ensure long-term stability.

Registered in England/Wales under the registration number 12223648, with a registered address at BS1 6NL, United Kingdom, Bristol, Freshford House, Redcliffe Way.

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