Binyan Studios Limited
- Small
- Active
- 6 years
- 8 employees
- £853,176 (assets)
- Virtual address
- 1 director
- 1 owner
- Irregular importer
- Solo founder
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
Binyan Studios Limited is a small, active company based in London, UK, established six years ago in December 19, 2018. With eight employees and £853,176 in assets, it operates from a virtual address shared by 374 other companies, a fact that warrants further investigation. The company is led by a single director and owner, Dolnikov Andrei, who also serves as the solo founder. Binyan Studios imports machinery, boilers, and mechanical appliances parts irregularly, with the last import activity recorded two months ago in January 2025. The company's website showcases a diverse range of services, including digital experiences, film animation, and architectural activities, suggesting a creative and design-focused operation.
The company’s website, Binyan Studios, highlights its work in architecture, digital experiences, film animation, and gallery showcases. It operates with a strong online presence, featuring contact information and links to social media platforms like LinkedIn, Instagram, and Vimeo. The site also credits IF Studio for its web design, indicating a focus on modern aesthetics and user experience. It seems to be a design-led company, with a focus on high-quality visuals and a curated portfolio. There's no obvious e-commerce element; instead, the site functions as a showcase for its creative services.
Financially, Binyan Studios Limited presents a mixed picture. While current assets increased by 34% to £850,000, net assets significantly declined by 70% to just £25,000. Bank borrowings decreased by 2.5% to £9,900, and cash reserves fell 36% to £110,000. Creditors increased substantially by 64% to £910,000, and trade debtors rose 61% to £740,000. 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 agility, but the sharp decline in equity raises concerns. The increase in both creditors and debtors suggests the company may be struggling to manage its cash flow, and the decrease in cash reserves is a worrying trend. The lack of an auditor mentioned (likely exempt as a small company) means the financial statements are unaudited. The company's reliance on retained earnings, which decreased from £85,000 to £25,000, is also a potential risk factor.
Registered in England/Wales under the registration number 11734388, with a registered address at WC1N 2EB, United Kingdom, London, 10 John 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
- 6 years
- 75%+
-
Resident of Australia
Managers
-
Individual
- 6 years
-
Resident of Australia
Last reports
The latest confirmation statement submitted six months ago.
Last news
-
Confirmation statement made on 2024-12-19 with no updatesDownload 3 pages pdf report
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Total exemption full accounts made up to 2023-12-31Download 9 pages pdf report
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Confirmation statement made on 2023-12-19 with no updatesDownload 3 pages pdf report
Importer profile by HS codes
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Last imported products
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