Fabricate Studios Ltd

Fabricate Studios Ltd, based in London, UK, is a small, active company founded five years ago. With two employees and £88,382 in assets, it operates from a virtual address, managed by two directors and one owner. The company regularly imports and exports furniture, lighting, and prefabricated buildings—19 months of imports and 4 months of exports recorded.

The company’s website reveals a unique blend of event services and creative workspace. Initially established as an events decor provider for 27 years, Fabricate Studios pivoted to offer affordable studio space for artists and creatives, sharing facilities and offering workshops. It’s a 2000 sq ft warehouse in central Brighton, offering a space for co-working, skills sharing, and community arts. It even collaborates with Brighton University students.

Financially, Fabricate Studios Ltd presents a mixed picture. Current assets have fallen by 26% to £88,000, while net assets have dropped 17% to £73,000. Cash bank on hand has decreased by 1.1% to £60,000. Debtors have significantly reduced by 52%, which could indicate better payment collection, but creditors have also fallen by 19%, suggesting a need for more funding. The company’s small size—meeting two of three criteria for a small company—helps it remain agile, but the decline in equity is a concern. The accounts are unaudited and prepared under FRS 102, and no auditor is mentioned.

Overall, Fabricate Studios Ltd seems to be navigating a period of transition. While the creative workspace model appears to be thriving, the financial figures suggest it’s burning through money. Whether the company can sustain its operations and achieve long-term financial stability remains to be seen.

Registered in England/Wales under the registration number 12113848, with a registered address at W1T 7NF, United Kingdom, London, Level 5a Maple House, 149 Tottenham Court Road.

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