Carol Davies Ltd

Carol Davies Illustration Ltd, based in Shrewsbury, UK, is a small, active company founded twenty years ago. With eight employees and £219,800 in assets, it’s a solo-founded venture led by three directors and two owners. The company operates as an irregular importer, bringing in clothing and accessories (excluding knitted or crocheted items) for just one month in 2023.

The company’s website showcases Carol Davies as a talented illustrator specializing in children's books, greeting cards, and quirky gifts. Her work, ranging from pencil and ink drawings to digital media, has been featured in galleries and commissioned by various clients, including Oxfordshire County Council and local authors. The site details her animation background, including work for Warner Bros., and offers workshops and talks for schools and galleries. It’s clear that Carol Davies Illustration is a creative studio with a focus on bespoke illustration services.

Financially, Carol Davies Illustration Ltd presents a mixed picture. Cash bank on hand increased by 14% to £140,000, and current assets grew by 7.9% to £220,000, suggesting improved liquidity. However, trade debtors increased significantly by 140% to £5,400, which could indicate delayed customer payments. Equity grew by 16% to £180,000, a positive sign of retained earnings. Creditors decreased by 15%, a good sign of debt management. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it remain nimble. As a small company, it is exempt from an audit, and the financial statements are unaudited.

Overall, Carol Davies Illustration Ltd appears to be financially stable, with growing assets and equity. However, the increase in trade debtors warrants monitoring. The company’s focus on creative services and its strong online presence position it well for continued success, though it's important to note that the company’s financial reports are not audited.

Registered in England/Wales under the registration number 05391065, with a registered address at HR4 7BS, Hereford, Herefordshire, 2 Wyevale Business Park, Kings Acre.

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