Isporada Ltd
- Small
- Active
- 3 years
- Confirmation overdue 4 months
- £-338 (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
Isporada Ltd, based in London, UK, is a small, active company founded three years ago. Despite its status, it’s facing some financial headwinds, with confirmation overdue for four months. The company holds just £-338 in assets, a concerning figure, and is managed by a single director and owner, who is also the solo founder. It operates from a real address in Highbury Grove.
The company’s website reveals a focus on interior design and furniture, showcasing a wide range of products from renowned Italian brands like Porada, Bonaldo, and Natuzzi. It caters to both residential and commercial clients, offering a curated selection of furniture, lighting, and accessories. The website emphasizes Italian craftsmanship, contemporary design, and a focus on creating stylish and functional spaces. It even features a section dedicated to designers, highlighting collaborations and showcasing a network of creative professionals. The site is clearly aimed at a discerning clientele seeking high-end, design-led pieces.
Financially, Isporada Ltd’s picture is not encouraging. Current assets have plummeted by a staggering 110%, ending at a negative £340, a worrying sign. Bank cash has also suffered a dramatic 95% drop, leaving just £120. Trade debtors have swung to a negative £450, a significant shift. While creditors have decreased by 61%, this doesn’t offset the larger negative trends. Equity has also declined significantly, ending at -£1,500. The company’s small size—meeting two of three criteria for a small company (turnover under £10.2m, assets under £5.1m, fewer than 50 employees)—means it’s likely exempt from a full audit, relying on unaudited statements.
In short, Isporada Ltd appears to be burning through cash, despite a stylish website and a focus on high-end design. Whether the company can turn things around remains to be seen, but the current financial trends are a cause for concern.
Registered in England/Wales under the registration number 13763424, with a registered address at N5 2ER, England, London, Unit 408 ,Suite 090 ,Screenworks Highbury Grove.
WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Owners & PSC
-
Individual
- Gulgen Duygu
- 3 years
- 75%+
-
Resident of Turkey
Managers
-
Individual
- Gulgen Duygu
- 3 years
-
Resident of Turkey
Last reports
The latest confirmation statement submitted one year ago.
Last news
-
First Gazette notice for compulsory strike-offDownload 1 page pdf report
-
Total exemption full accounts made up to 2023-11-30Download 5 pages pdf report
-
Confirmation statement made on 2023-12-03 with no updatesDownload 3 pages pdf report
FAQ about Isporada Ltd
Looking for leads in the UK?
Try our FREE App—access UK datasets with limited features!