Avci Design Solution Ltd
- Small
- Active
- 3 years
- 1 employee
- £2,812 (assets)
- Virtual address
- 1 director
- 1 owner
Two conditions of three:
1.Turnover < £10.2 million
2.Balance sheet total < £5.1 million
3.Average number of employees < 50
Field of Operation
Website
Summary
Avci Design Solution Ltd is a small, active company based in London, UK, founded three years ago in June 2021. It operates with a single employee and holds £2,812 in assets, registered at a virtual address shared by 1371 other companies. The company is led by one director and one owner, Avci Eren.
The company specializes in providing CAD design services, primarily targeting the furniture manufacturing, construction, engineering consultancy, and educational sectors. Its website highlights a focus on reliable design engineering and draftingservices, emphasizing communication and a commitment to supporting small and medium-sized enterprises. The site offers discounts for the first project and details services like developing design solutions, creating production drawings, and maintaining detailed component drawings for manufacturing.
Financially, Avci Design Solution Ltd shows a mixed picture. Current assets have decreased by 39% to £2,800, while net assets have plummeted 88% to just £100. Cash reserves have also fallen by 88% to £2,000. Debtors have significantly decreased by 77%, while creditors have also fallen by 28%. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for flexibility, but the sharp decline in equity raises concerns. The accounts are unaudited and filed as “Filleted Accounts,” meaning they are less detailed.
Overall, Avci Design Solution Ltd appears to be facing financial pressures, with a significant reduction in assets and equity. Whether this is a temporary setback or a longer-term challenge remains to be seen, but the company’s focus on specialized design services and its commitment to customer communication could help it navigate these difficulties.
Registered in England/Wales under the registration number 13467527, with a registered address at EC2A 4NE, England, London, 3rd Floor 86-90 Paul Street.
WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Owners & PSC
-
Individual
- Avci Eren
- 3 years
- 75%+
-
Resident of United Kingdom
Managers
-
Individual
- Avci Eren
- 3 years
-
Resident of United Kingdom
Last reports
The latest confirmation statement submitted eight months ago.
Last news
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Confirmation statement made on 2024-08-05 with no updatesDownload 3 pages pdf report
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Total exemption full accounts made up to 2024-03-31Download 5 pages pdf report
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Total exemption full accounts made up to 2023-03-31Download 5 pages pdf report
FAQ about Avci Design Solution Ltd
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