Mdesign London Limited

Mdesign London Limited is a small, holding company based in London, UK, with an active status. Founded 20 years ago in January 2005, the company employs 18 people and holds £1,931,682 in assets. It operates from a virtual address – 798 other companies are registered at the same location – and is overseen by two directors and one owner. The company regularly imports furniture, lighting, and prefabricated buildings, with 9 months of import activity recorded, the latest in October 2024.

The company operates in the buying and selling of own real estate industries. Its website is currently unavailable, so it’s difficult to determine if it operates an e-commerce platform. However, its registration details reveal it's a holding company, suggesting it may own or control other businesses involved in property development or related sectors.

Financially, Mdesign London Limited has experienced some challenges. Current assets have decreased by 53%, falling to £1,100,000, while net assets have plummeted 54%, reaching £380,000. Cash reserves have also taken a hit, decreasing by 84% to £43,000. However, there are some positive signs. Creditors have decreased by 21%, and trade debtors have fallen by 49%, suggesting improved debt management. The company meets the criteria for a small company, with a turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. The lack of an auditor mentioned likely means the company is exempt as a small company, and the figures are unaudited. Amounts owed to group undertakings have increased by 140%, which could indicate increased reliance on related parties for funding.

The significant drop in equity and cash reserves warrants attention. While the company’s small size allows for agility, the financial strain suggests a need for careful management. The decrease in bank borrowings by 12% could be a positive sign, but it’s important to monitor the company’s liquidity in the coming months.

Registered in England/Wales under the registration number 05342999, with a registered address at W1G 0PW, United Kingdom, London, 14th Floor 33 Cavendish Square.

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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