D'avekki Studios Limited
- Small
- Holding
- Active
- 21 years
- 2 employees
- £402,383 (assets)
- Real address
- 2 directors
- 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
D'avekki Studios Limited is a small, holding company based in Wisbech, UK, with an active status. Founded 21 years ago on December 09, 2003, it employs just two people and holds £402,383 in assets. The company operates from a real address and is overseen by two directors and one owner. It’s a tight-knit operation, and the address is probably real as only one company registered at the same address.
The company's activities span retail sales via mail order and internet, video production, and business and domestic software development. It's a small company, meeting two of three criteria: turnover less than £10.2 million, balance sheet less than £5.1 million, and fewer than 100 employees. The company is owned by D Avekki Holdings Ltd. Cowles Timothy Andrew and Cowles Lynda are the directors.
Financially, D'avekki Studios Limited shows a mixed picture. Current assets decreased by 9% to £400,000, while net assets also fell by 5.5% to £350,000. Cash bank on hand dropped 12% to £370,000. Trade debtors increased significantly by 680%, reaching £3,800. Creditors also rose, up 6.2% to £77,000. Bank borrowings increased by 20% to £3,400. The company’s average number of employees during the period increased by 50% to three.
The sharp increase in trade debtors could indicate a shift in payment terms or a few large, delayed payments. The decrease in cash reserves, combined with increased bank borrowings, suggests the company is burning through money. However, the decrease in creditors indicates better debt management. With no auditor mentioned (likely exempt as a small company), the figures rely on unaudited statements.
In short, D'avekki Studios Limited is facing some financial pressures. While it’s a small and agile operation, the trends suggest it needs to carefully manage its cash flow to ensure long-term sustainability.
Registered in England/Wales under the registration number 04989192, with a registered address at PE13 4PH, Wisbech, Cambridgeshire, Fleetwood West End, Gorefield.
WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Owners & PSC
-
Corporate
- D Avekki Holdings Ltd
- 5 years
- 1
- 75%+
-
Resident of United Kingdom
Managers
-
Individual
- Cowles Timothy Andrew
- 21 years
- 2
-
Resident of United Kingdom
-
Individual
- Cowles Lynda
- 21 years
-
Resident of United Kingdom
Last reports
The latest confirmation statement submitted three months ago.
Last news
-
Confirmation statement made on 2025-01-22 with no updatesDownload 3 pages pdf report
-
Total exemption full accounts made up to 2023-12-31Download 7 pages pdf report
-
Confirmation statement made on 2024-01-22 with no updatesDownload 3 pages pdf report
FAQ about D'avekki Studios Limited
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