Echinus Design Studio Limited

Echinus Design Studio Limited, based in London, UK, is a small, active company established seven years ago in 2017. With a single employee and £309,519 in assets, it operates from a virtual address shared by many other businesses, a bit unusual. Two directors and one owner—Albayrak Ozcan Ekin—lead the firm, which regularly imports furniture, lighting, and prefabricated buildings, with recent activity recorded in November 2024.

The company’s website highlights its focus on architectural design, particularly residential and commercial projects. It showcases a portfolio including London and Milan-based projects, emphasizing a philosophy of "elegant simplicity and classic timeless design with a modern twist." The site's layout is simple, with a tab-based navigation and a clear call to action for contacting the firm. It's a small operation, clearly focused on design rather than large-scale retail.

Financially, Echinus Design Studio Limited presents a mixed picture. While current assets saw a significant jump to £310,000, net assets plummeted to a mere £130—a dramatic decrease. Cash reserves also took a hit, falling 86% to £160,000. However, trade debtors increased substantially by 140%, suggesting improved billing practices. Bank borrowings decreased by 35%, a positive sign. The company’s size—meeting two of three criteria for a small company—allows for flexibility, but the sharp decline in equity warrants further investigation. No auditor is mentioned, likely due to the small company exemption.

Overall, Echinus Design Studio Limited appears to be navigating a period of change. While revenue seems to be growing, the company is burning through cash reserves, and the decrease in equity raises concerns. The management team's ability to control costs and secure new projects will be key to its long-term success.

Registered in England/Wales under the registration number 11001809, with a registered address at WC1N 3AX, England, London, 27 Old Gloucester Street.

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