Luwian Design Ltd

Luwian Design Ltd is a small, active company based in London, UK, founded four years ago in September 2020. It operates with a single employee and holds £70,436 in assets. Registered at a virtual address shared by 715 other companies, the company is led by one director and owner, Hosseinzadeh Sarabi Ipen Gul, who also serves as the solo founder.

The company’s activities span a diverse range, including retail sales through stalls and markets, online and mail-order channels, specialized design services, and engineering design for industrial processes. While a website isn’t available to examine, this suggests a multifaceted business model, potentially combining online presence with physical sales.

Financially, Luwian Design Ltd presents a mixed picture. Current assets decreased slightly by 4.2% to £70,000, while bank cash fell by 3.1% to £70,000. Creditors decreased by 11% to £63,000 after one year, which is a positive sign. However, taxation and social security payable increased significantly by 550% to £2,700 within one year. Equity rose by 93% to £3,900, which is good, but 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 operates on a tight margin. The accounts are unaudited and classified as "filleted," meaning they are simplified and don't include all the usual details.

Overall, Luwian Design Ltd appears to be navigating a challenging environment. The increase in tax liabilities and the relatively low cash reserves suggest it’s burning through money, but the decrease in creditors indicates some level of financial management. It's a small business, and that means it’s likely facing the usual pressures of a startup—but it’s also nimble and adaptable, which could help it weather the storm.

Registered in England/Wales under the registration number 12855014, with a registered address at N15 5EA, England, London, 151 West Green Road.

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