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We Are Design Nation Ltd

12364325

active
Private Limited Company
Companies House
Health Score
95 / 100

Healthy

25/30
Filing
30/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)

Details

FLAT 31 NAPA CLOSE, LONDON, E20 1ED
Incorporated 16/12/2019

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

14190
Manufacture of other wearing apparel and accessories
41100
Development of building projects
70229
Management consultancy activities
90030
Artistic creation

Officers

Mr Daniel Iheanyichukwu Ihediwa

director · Since 14/10/2024

CHIEF CREATIVE OFFICER

BRITISH · ENGLAND · Age 52

Also on 4 other boards

Persons with Significant Control

Mr Daniel Iheanyichukwu Ihediwa

75–100% shares
ownership-of-shares-75-to-100-percent-as-trust
ownership-of-shares-75-to-100-percent-as-firm
75–100% votes
voting-rights-75-to-100-percent-as-firm
Appoint directors

British · England · Age 52

Flat 31, Napa Close, London, E20 1ED

Notified 05/10/2024

Former PSCs

Mr Daniel Iheanyichukwu Ihediwa

Ceased 10/10/2023

Mr Clement Omokogie Edeh

Ceased 05/07/2024

CompanyRankvs 1288+ SIC 14190 peers
51

Financial strength78th percentile among SIC peers · 20/25
Employees49th percentile among SIC peers · 7/15
LiquidityCurrent ratio 0.5× · 2/20
Longevity7 years trading (max 15) · 7/15
Filing complianceAll filings up to date · 15/15
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1288We Are Design Nation Ltd
50
How is this score calculated?
Financial strength20/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees7/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity2/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity7/15 pts

One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.

Filing compliance15/15 pts

Full 15 points when both annual accounts and confirmation statement are filed on time. Points are deducted for each overdue filing.

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Key FinancialsYear ending 31/12/2024

Turnover

£33k

Annual revenue

Net Worth

£13k

Balance sheet strength

Cash

£9k

Cash in the bank

Profit Before Tax

£9k

Bottom line earnings

Net Current Assets

-£10k

Working capital

Current Assets

£9k

Current Liabilities

£19k

Fixed Assets

£23k

Cost of Sales

£10k

Gross Profit

£23k

Admin Expenses

£14k

Operating Profit

£9k

Profit After Tax

£9k

1avg. employees

Balance Sheet

Intangible assets£10k
Assets less current liabilities£13k
Signed by 1.1.24Prepared with Company Accounts and Tax Online

EstimatesDerived

YearCurrent RatioImplied Profit
20240.50+£5k
20230.25—

Derived from filed accounts. Not audited figures.