Ecda Consultancy Ltd

Ecda Consultancy Ltd is a small, active company registered in London, UK, founded four years ago in October 2020. It operates with a virtual address, employs just one person, and holds £31,905 in assets. The company is led by one director and one owner, Demircioglu Akyilmaz Emine Ceren.

The business focuses on retail sales via mail order and internet, alongside management consultancy services excluding financial management. It’s a small operation, meeting two of three criteria for a small company: turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. The address, while registered as EC1V 2NX, is likely virtual, as 8771 other companies share the same location.

Looking at the financial data, Ecda Consultancy Ltd shows some concerning trends. Cash bank on hand has decreased significantly by 54%, dropping to £3,700. Creditors have remained steady at £4,000 after one year, but within one year, they’re up 16% to £28,000. Equity has also taken a hit, declining 68% to £340. While trade debtors have increased by 37% to £28,000, suggesting potentially delayed payments, the overall picture is one of shrinking reserves. It’s possible the company is reinvesting in its business, but the decrease in cash and equity warrants closer attention.

The company's unaudited accounts, prepared using VT Final Accounts software, don’t mention an auditor, which is common for small companies. The accounts state that the company is entitled to exemption from the requirement to obtain an audit. The company’s financial statements have been prepared under the historical cost convention and in accordance with FRS 102.

Registered in England/Wales under the registration number 12970546, with a registered address at EC1V 2NX, England, London, 124 City Road.

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