MADE BY NESS LTD

Executive Summary

Made By Ness Ltd is a small, founder-led specialised design firm demonstrating robust financial health with significant growth in liquidity and equity within two years of incorporation. Positioned as a niche player, it benefits from sector trends favoring bespoke, agile design services amid digital transformation and sustainability demands. While strong financially, the company’s scalability may be constrained by its small team and limited asset base, typical challenges in this competitive, talent-driven industry.

MADE BY NESS LTD - Analysis Report

Company Number: 13787440

Analysis Date: 2025-07-20 16:49 UTC

1. Industry Classification

Made By Ness Ltd operates within SIC code 74100, which covers "specialised design activities." This sector typically includes businesses engaged in bespoke creative design services such as graphic design, industrial design, fashion design, and other niche creative disciplines. Characteristics of this industry often involve high intellectual input, reliance on skilled professionals, and project-based revenue streams. The sector is fragmented with many small and micro enterprises and a few larger agencies, reflecting a competitive but opportunity-rich environment driven by innovation and client relationships.

2. Relative Performance

As a company incorporated in late 2021, Made By Ness Ltd is in its early growth phase. Financially, it presents strong liquidity with cash balances increasing from approximately £199k in 2022 to £444k in 2023, and net current assets growing from £143k to £323k over the same period. Shareholders’ funds more than doubled, indicating retained earnings growth and a solid equity base for a small company. The firm is classified as a small entity, with a single employee (the director), consistent with many specialised design firms that often start as founder-led entities. Compared to typical peers in the specialised design sector, which often operate at break-even or modest profits during initial years, Made By Ness’s liquidity position is healthy, suggesting prudent financial management or early-stage client payment success.

3. Sector Trends Impact

The specialised design sector is influenced by several macro trends: the increasing demand for digital and experiential design driven by digital transformation, sustainability pressures prompting eco-conscious design, and the rise of remote collaboration tools enabling flexible client engagement. Post-pandemic market recovery has seen a rebound in marketing and branding outlays, benefiting design consultancies. However, pricing pressures and client demand for rapid turnaround can compress margins. Additionally, the sector faces a talent scarcity for highly skilled designers, which can limit scale. Made By Ness’s strong cash position and small headcount imply a focus on agility and potentially high-value, bespoke projects, well-aligned with these trends.

4. Competitive Positioning

Within the competitive landscape, Made By Ness Ltd is a niche player, likely offering specialised or bespoke design services rather than competing with large full-service agencies. Its single-director structure supports a highly personalised service model, which can be a differentiator in client experience but may limit scalability and resource bandwidth. Financially, the company’s growth in net assets and cash reserves compares favorably to many start-ups in the sector that often face cash constraints. However, the absence of fixed assets and a very lean cost base suggest a reliance on intellectual capital rather than capital-intensive operations. The company’s strengths lie in financial discipline and founder control, while potential weaknesses include limited workforce capacity and lack of diversification, common risks for micro/small specialised design firms.