Novavita Design Ltd

Novavita Design Ltd is a small, active company registered in London, UK, founded just two years ago in February 9, 2023. The company, with a real address and two directors and owners, operates in the retail sale via mail order houses or via internet industries. It’s a small company, meeting two of three conditions: turnover under £10.2 million, balance sheet total under £5.1 million, and fewer than 50 employees.

The company’s website, studioid.co.uk, showcases a multidisciplinary design studio established in 2017. It focuses on identity design, interiors, architecture, branding, and marketing, emphasizing the connection between places and identities. The studio, run by Ivana Linderova and Dagmar Zvonickova Fredholm, highlights a unique approach, blending rough and raw elements with attention to detail. The website displays a portfolio of projects, including hospitality, residential, retail, and office spaces, demonstrating a wide range of design capabilities. It seems like they are doing ecommerce, with a focus on design services rather than physical products, although the website is very well designed.

Financially, Novavita Design Ltd’s latest report reveals a concerning trend. Net assets have declined significantly, dropping 33% to -£870, indicating a negative equity position. Loans from directors increased by 33% to £870, suggesting reliance on personal funding. Cash reserves are not mentioned, and the company’s small size means it’s exempt from an audit, so the figures are unaudited. While the company's debts are also increasing, it’s possible that this is a normal situation for a young company. The lack of employees (zero reported) suggests a lean operation, but the negative equity position is a cause for concern.

Registered in England/Wales under the registration number 14653126, with a registered address at E1 8PW, England, London, Apartment 1003 Satin House 15 Piazza Walk.

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