{"name":"DOOR SYSTEMS DESIGN LTD","company_number":"03158240","status":"Liquidation","type":"Private Limited Company","incorporated":"1996-02-13","dissolved":null,"registered_office":"C/O Clough Corporate Solutions Limited 2nd Floor, 11 Park Square East, Leeds, West Yorkshire, LS1 2NG","postcode":"LS1 2NG","sic_codes":[{"code":16230,"description":"Manufacture of other builders' carpentry and joinery"},{"code":25120,"description":"Manufacture of doors and windows of metal"},{"code":32990,"description":"Other manufacturing not elsewhere classified"}],"principal_activity":null,"previous_names":[],"warnings":["The annual accounts for this company are overdue.","The confirmation statement for this company is overdue."],"accounts":{"category":"Total Exemption Full","year_end":"28 December","last_made_up_to":"2022-12-29","next_due":"2024-09-28"},"employees":null,"financials":[{"financial_date":"2022-12-29","net_assets":14502,"cash":53395},{"financial_date":"2021-12-30","net_assets":203803,"cash":79502},{"financial_date":"2020-12-31","net_assets":304162,"cash":139493},{"financial_date":"2019-12-31","net_assets":312780,"cash":32769},{"financial_date":"2018-12-31","net_assets":460917,"cash":85015}],"officers":{"current":2,"resigned":2,"complete":true,"note":"Names and details of individual officers are on the People page (subscriber-only on this site) and free at Companies House."},"charges":{"total":1,"outstanding":1},"gazette_notices":[],"insolvency_outcome":null,"ai_summary":"Door Systems Design Limited represents a failed 28-year specialist manufacturer that could not sustain its market position as financial resilience eroded—net assets collapsed 95% from £461k (2018) to £15k (2022), driven by unsustainable debt, inventory illiquidity, and revenue contraction. The liquidation, now managed by Clough Corporate Solutions, confirms that no strategic turnaround was achievable; the primary remaining value lies in potential asset acquisition by a trade buyer seeking DSD's technical capabilities and market knowledge at distressed pricing. This case underscores how small manufacturers with concentrated ownership, limited capital buffers, and cyclical exposure face existential risk when working capital turns negative.","website":"http://doorsystemsdesign.com","links":{"page":"https://www.companiesintheuk.co.uk/ltd/door-systems-design","people":"https://www.companiesintheuk.co.uk/company/door-systems-design/people","filing_history":"https://www.companiesintheuk.co.uk/company/door-systems-design/filing-history","companies_house":"https://find-and-update.company-information.service.gov.uk/company/03158240","financials":"https://www.companiesintheuk.co.uk/company/door-systems-design/financial","control":"https://www.companiesintheuk.co.uk/company/door-systems-design/control","charges":"https://www.companiesintheuk.co.uk/company/door-systems-design/charges","ai_analysis":"https://www.companiesintheuk.co.uk/company/door-systems-design/analysis"},"source":"CompaniesInTheUK, from Companies House, The Gazette and other public registers (see /support/about). Cite as: CompaniesInTheUK, https://www.companiesintheuk.co.uk/ltd/door-systems-design"}