Design Izmir Ltd

Design Izmir Ltd is a private limited company registered in England/Wales with the registration number 14652553. The company was founded two years ago on February 09, 2023, and registered at W5 4PD, England, London, 34a Willow Road. The address is probably real as only one company registered at the same address. Its status is active. The company operates in the retail sale via mail order houses or via internet, the educational support services industries. Officially, it has one owner or PSCs, one director, and one employee.

The company’s website, Izmir Design Factory, showcases a design-focused approach, emphasizing education, research, design, and collaboration. It describes itself as a “factory” aiming to strengthen local competitiveness through local stakeholders, international partnerships, and a combination of qualified human resources and high-value projects. The site highlights a multidisciplinary team tackling complex problems and fostering creativity through design thinking. It features blog posts, academic papers, and conference presentations, indicating a focus on knowledge sharing and industry engagement. The site also mentions collaborations with Viessmann and a focus on local needs met with global solutions.

Financially, Design Izmir Ltd shows a mixed picture. Current assets dropped by 24% to £340,000, while net assets plummeted 73% to just £16,000—a significant decline. Bank borrowings surged by 2,400%, reaching £29,000, and cash reserves fell 30% to £28,000. On the upside, creditors decreased by 18%, suggesting better debt management. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it stay agile, but the sharp equity drop raises questions. With no auditor mentioned (likely exempt as a small company), the figures rely on unaudited statements.

Registered in England/Wales under the registration number 14652553, with a registered address at W5 4PD, England, London, 34a Willow Road.

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