By British Design Ltd

By British Design Ltd from London UK: small company, active status, founded 5 years ago, 1 employee, £12,061 assets, virtual address, 1 director, 1 owner, e-commerce site. Regular importer of toys, games, and sports equipment (5 months imported). It’s a small company as it met two conditions of three: turnover less than £10.2 million, balance sheet less than £5.1 million, employees less than 50. The last reported current assets is £12,061.

The company operates in the dormant company industries, and is a regular importer, with its top import category being Toys, games, and sports equipment, totaling 5 months of imports. The last import operation was conducted on October 01, 2024. The company’s website, British Design Shop, is dedicated to premium, handcrafted luxury furniture. It’s a vibrant online store showcasing sofas, armchairs, loveseats, and more, with a focus on authentic British design and direct-to-consumer sales. The site encourages customers to book viewings by appointment, request free fabric samples, and even get specialist delivery for larger pieces. They also offer bespoke upholstery services and a fully bespoke furniture service.

Financially, By British Design Ltd shows a mixed picture. Current assets have plummeted 44%, dropping to £12,000, while net assets have also seen a significant decline, falling 170% to -£70,000. Bank borrowings have remained steady, but cash reserves have fallen considerably. Creditors have increased substantially, suggesting a reliance on external financing. The company’s single employee and small size (meeting two of three criteria for a small company) allow for agility, but the decline in equity is concerning. No auditor is mentioned, which is typical for a small, exempt company. It seems like the company is struggling to maintain its financial health, and the decline in assets is a clear indication of this. They’re relying on creditors to keep afloat, which isn't a sustainable long-term strategy.

Registered in England/Wales under the registration number 12394947, with a registered address at N1 7GU, England, London, 20-22 Wenlock Road.

WARNING: The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Ports, countries, transport, and price/kg were calculated by CorpSignals; non-official data, may contain errors.