Barkod Design Ltd

Barkod Design Ltd, based in London, UK, is a small, active company founded five years ago in 2019. With a single employee and £51,297 in assets, it operates from a virtual address—a detail noted by the fact that 3,682 other companies are registered at the same location. Led by a single director and owner, Aydogmus Deniz, the company boasts a respectable Google rating of 4.0 based on three reviews.

The company specializes in the retail sale via mail order houses or via internet, and in the specialised design activities industries. Its website highlights a focus on creating unique, affordable, and stylish everyday clothing, catering to a wide range of clients from High Street Retailers to independent boutiques across the UK, Europe, USA, North Africa, UAE, and India. It seems to operate as a manufacturer, managing design, sourcing, printing, and manufacturing in-house with a team of experienced staff. The website emphasizes trend-driven wardrobe solutions and offers design services, from expanding simple concepts into full collections to providing print ideas and accessories.

Financially, Barkod Design Ltd shows some concerning trends. Cash bank on hand has decreased significantly by 39%, falling to £51,000. Current assets have also dropped considerably, down 40% to £51,000. Equity has taken a hit, with retained earnings plummeting 98% to just £500. While creditors have decreased by 11%, and trade creditors have improved, the substantial decline in cash and equity suggests the company is burning through money. Debtor’s have disappeared completely, which could be a positive sign of efficient collection or a sign of a change in business model. As a small company meeting two of three criteria (turnover under £10.2m, assets under £5.1m, fewer than 50 employees), it’s likely exempt from an audit, relying on unaudited statements. The company’s small size helps it stay agile, but the sharp decline in equity raises questions about its long-term financial stability.

Registered in England/Wales under the registration number 12249980, with a registered address at WC1N 3AX, England, London, 27 Old Gloucester Street.

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