Can Technic Ltd

Can Technic Ltd is a small, active company registered in London, UK, founded three years ago in May 2021. The business, with just one employee and £2,826 in assets, operates from a virtual address shared by 715 other companies. It’s a solo founder operation led by a single director and owner, Yavuz Canberk. The company’s website showcases furniture building services, handyman work, and even offers a bookings widget, suggesting a focus on local, hands-on services.

The website paints a picture of a passion-driven business. Can Technic LTD, based in Brighton, specializes in custom furniture and handyman services, emphasizing handmade, unique items. The business has been building furniture since 2014, evolving from a hobby to a career. The website’s “Pro Gallery” and customer reviews highlight the quality of its work, while the “Get a Quote” section encourages direct engagement. The company’s services include furniture assembly, handyman work, and post-installation assistance, all priced competitively.

Financially, Can Technic Ltd presents a mixed picture. While current assets increased by 25% to £2,800, net assets plummeted 94% to just £100—a significant drop. Cash bank on hand decreased by 16% to £1,900, and net current assets liabilities are a negative £750. Creditors, however, decreased slightly, suggesting improved debt management. The company’s small size (meeting two of three criteria for a small company) allows for flexibility, but the sharp decline in equity is concerning. The accounts are unaudited, and no auditor is mentioned, which is typical for small companies.

In short, Can Technic Ltd seems to be navigating some financial challenges, despite its passion-driven approach and positive customer reviews. The business is clearly focused on providing local services, but its long-term financial health will depend on its ability to turn a profit and build a sustainable business model.

Registered in England/Wales under the registration number 13390904, with a registered address at N15 5EA, England, London, 151 West Green Road.

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