Atik Design Ltd

Atik Design Ltd is a small, active company based in London, UK, founded eight years ago. With two employees and £17,034 in assets, it operates from a virtual address and is led by a solo founder who also serves as the director and owner. The company runs an e-commerce site, specializing in retail sales via mail order and the internet, alongside public relations, advertising, and design services.

The company’s website, Atik Flooring Solutions, focuses on supplying high-quality laminate and vinyl flooring to developers, social housing providers, flooring contractors, and DIY enthusiasts. They offer a wide range of flooring solutions, emphasizing environmentally friendly options, technical support, and installation services, including a new depot in Yeovil. They serve a wide range of clients, from housing associations to interior designers, and offer services like nationwide distribution, bespoke consultation, and recycling.

Financially, Atik Design Ltd is showing some concerning trends. Cash bank on hand has plummeted by a significant 77%, dropping to just £10,000. Equity has also seen a dramatic decline, falling 90% to £2,000. Creditors have increased, both within and after one year, suggesting a need to manage debt more effectively. While trade debtors have seen a slight increase, current assets have decreased by 68% to £17,000. The company’s small size, meeting two of three criteria for a small company, helps it remain flexible, but the sharp decline in equity and cash reserves raises questions about its financial health. The accounts are unaudited, and no auditor is mentioned, which is typical for small companies.

It seems like Atik Design Ltd is facing some financial pressures, despite its focus on a niche market and its commitment to customer service. Whether it can overcome these challenges and sustain its growth remains to be seen.

Registered in England/Wales under the registration number 10538660, with a registered address at N15 5EA, England, London, C/O Dirench & Co 151 West Green Road, Seven Sisters.

WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.