DESIGNER EXCHANGE LTD
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Cash
£503k
-11.5% vs 2024
Net assets
-£7m
-23.7% lowest in 6 filed years
Employees
89
+2.3% highest in 6 filed years
Profit before tax
-£1.3m
+41.4% vs 2024
Watchouts
Facts from the Companies House register and the latest accounts — not a rating
-
2 PSCs ceased in last 24 months
Significant control changed hands — see the Ownership section.
-
Negative shareholders' funds
Net assets
6-year trend · vs Consumer Discretionary median
Accounts
6-year trend · Δ = latest vs prior filed period · latest reflected 2025-12-31
| Metric | Trend | 2020-12-31 | 2021-12-31 | 2022-12-31 | 2023-12-31 | 2024-12-31 | 2025-12-31 | Δ vs prior |
|---|---|---|---|---|---|---|---|---|
| Turnover | — | — | — | £9,672,899 | £14,005,165 | £16,667,950 | +19% | |
| Operating profit | — | — | — | -£930,352 | -£2,186,251 | -£1,276,296 | +41.6% | |
| Profit before tax | — | — | — | -£929,993 | -£2,179,070 | -£1,276,229 | +41.4% | |
| Net profit | — | — | — | -£965,990 | -£2,254,009 | -£1,340,617 | +40.5% | |
| Cash | £465,234 | £145,477 | £234,015 | £335,196 | £568,388 | £502,777 | -11.5% | |
| Total assets less current liabilities | £1,387,013 | £1,500,358 | £2,047,618 | £2,313,269 | £3,524,420 | £4,033,147 | +14.4% | |
| Net assets | -£2,240,948 | -£2,220,906 | -£2,510,005 | -£3,399,356 | -£5,653,365 | -£6,993,982 | -23.7% | |
| Equity | — | -£2,220,906 | -£2,510,005 | — | — | — | — | |
| Average employees | 57 | 64 | 79 | 86 | 87 | 89 | +2.3% | |
| Wages | — | — | — | £2,068,676 | £2,661,303 | £2,954,649 | +11% | |
| Directors' remuneration | — | — | — | £203,570 | £204,263 | £206,301 | +1% | |
| Highest paid director | — | — | — | £107,012 | £105,703 | £108,685 | +2.8% |
Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. The Δ column is the change from the prior filed period as a percentage of |prior|; lines a company doesn't report show —. About these numbers
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2020-12-31 | 2021-12-31 | 2022-12-31 | 2023-12-31 | 2024-12-31 | 2025-12-31 |
|---|---|---|---|---|---|---|---|
| Operating margin | — | — | — | -9.6% | -15.6% | -7.7% | |
| Net margin | — | — | — | -10.0% | -16.1% | -8.0% | |
| Return on capital employed | — | — | — | -40.2% | -62.0% | -31.6% | |
| Gearing (liabilities / total assets) | 210.1% | 195.5% | 188.3% | 203.9% | 210.3% | 234.7% | |
| Current ratio | — | — | — | 3.27x | 2.74x | 3.94x |
Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Consolidated group
- Auditor
- Christiansons Ltd
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The financial statements have been prepared on a going concern basis under the historical cost convention, modified to include certain items at fair value.”
Group structure
- DESIGNER EXCHANGE LTD · parent
- Designer Exchange, S.L. 100%
Significant events
- “On 31st October 2025 Webuy Holdings Ltd acquired the entire share capital of the company and become the ultimate parent company.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
8 active · 2 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| BIJLANI, Nitin, Mr. | Director | 2019-09-30 | Jul 1979 | Indian |
| BIJLANI, Tarun, Mr. | Director | 2019-09-30 | Feb 1977 | Indian |
| BUTLER, David Godwin Rhu | Director | 2025-12-11 | Mar 1975 | British |
| DUDANI, Mohini | Director | 2017-05-19 | Sep 1940 | British |
| DURANTE, Dominic Anthony | Director | 2013-08-08 | Jul 1968 | British |
| MAN, Hoo-Yun | Director | 2025-12-11 | Jun 1960 | British |
| MULLINS, David John | Director | 2013-08-08 | Feb 1970 | British |
| SEEBUE, Angela | Director | 2013-08-08 | Jun 1963 | British |
Show 2 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| BUTLER, David Godwin Rhu | Director | 2013-08-08 | 2025-12-10 |
| MAN, Hoo-Yun | Director | 2013-08-08 | 2025-12-10 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Webuy Holdings Ltd | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2025-10-31 | Active |
| Mr Dominic Anthony Durante | Individual | Shares 25–50%, Voting 25–50% | 2016-07-01 | Ceased 2025-10-31 |
| Mrs Mohini Dudani | Individual | Shares 50–75%, Voting 50–75%, Significant influence | 2016-07-01 | Ceased 2025-10-31 |
Filing timeline
Last 20 of 54 total filings
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-10-19 | AAMD | accounts | Accounts amended with accounts type group | |
| 2026-09-29 | AA | accounts | Accounts with accounts type group | |
| 2026-06-25 | CH01 | officers | Change person director company with change date | |
| 2026-04-23 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-12-19 | AP01 | officers | Appoint person director company with name date | |
| 2025-12-19 | TM01 | officers | Termination director company with name termination date | |
| 2025-12-19 | AP01 | officers | Appoint person director company with name date | |
| 2025-12-19 | TM01 | officers | Termination director company with name termination date | |
| 2025-12-16 | PSC07 | persons-with-significant-control | Cessation of a person with significant control | |
| 2025-12-16 | PSC07 | persons-with-significant-control | Cessation of a person with significant control | |
| 2025-12-16 | PSC02 | persons-with-significant-control | Notification of a person with significant control | |
| 2025-09-19 | AA | accounts | Accounts with accounts type group | |
| 2025-02-24 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-09-26 | AA | accounts | Accounts with accounts type total exemption full | |
| 2024-02-19 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2023-09-14 | AA | accounts | Accounts with accounts type total exemption full | |
| 2023-02-20 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2022-09-14 | AA | accounts | Accounts with accounts type total exemption full | |
| 2022-02-21 | CS01 | confirmation-statement | Confirmation statement with updates | |
| 2021-09-21 | AA | accounts | Accounts with accounts type total exemption full |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 11
- Capital events
- 0
- Officers appointed
- 2
- Officers resigned
- 2
last 12 months
last 24 months
last 12 months
last 12 months
Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.