Flex Venture Ltd
- Small
- Active
- 7 years
- 1 employee
- £146,852 (assets)
- Real address
- 1 director
- 1 owner
- Solo founder
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
Flex Venture Ltd, based in London, UK, is a small, active company founded seven years ago. It operates with a lean team of one employee and holds £146,852 in assets. Run by a solo founder, Sahin Aydin, who also serves as director and owner, the company’s registered address is real, with only one other company registered there.
Flex Venture Ltd engages in a diverse range of activities, including specialised construction, retail sales via mail order and internet, and financial management. Its website is currently unavailable, so it’s difficult to determine the exact nature of its online presence or if it operates an e-commerce platform.
Financially, Flex Venture Ltd shows some concerning trends. Cash reserves have fallen dramatically, dropping 96% to just £3,000. Bank borrowings have decreased slightly, but creditors have remained relatively stable. A significant drop in current assets—down 33% to £150,000—suggests a tightening of liquidity. Equity, however, has increased by 59%, indicating retained earnings accumulating. The company’s small size—meeting two of three criteria for a small company—allows for agility, but the decline in cash and assets warrants closer attention. As a small company, it’s exempt from an audit, so the figures are unaudited.
While the company's diverse business interests suggest potential, the financial data indicates it may be burning through cash. The lack of employees and the solo founder model could be contributing to this, but it’s also possible that the company is undergoing a period of investment or expansion.
Registered in England/Wales under the registration number 10987354, with a registered address at N3 2LN, England, London, 388a Regents Park Road, Finchley Central.
WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Owners & PSC
-
Individual
- Sahin Aydin
- 7 years
- 5
- 75%+
-
Resident of United Kingdom
Managers
-
Individual
- Sahin Aydin
- 7 years
- 2
-
Resident of United Kingdom
Last reports
The latest confirmation statement submitted five months ago.
Last news
-
Total exemption full accounts made up to 2024-08-31Download 7 pages pdf report
-
Change of details for Mr Aydin Sahin as a person with significant control on 2024-12-05Download 2 pages pdf report
-
Confirmation statement made on 2024-12-05 with updatesDownload 4 pages pdf report
FAQ about Flex Venture Ltd
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