Oak Space Ltd

Oak Space Ltd, based in London, UK, is a small, active company founded two years ago. It’s a solo venture, run by a single director and owner, Karaaslan Filiz, and operates an e-commerce site. With just £1 in assets and £48,474 in revenue, it’s a modest operation. The company’s registered address is a virtual one, as forty-one other companies share the same location, which could be a red flag.

Oak Space Ltd specializes in the design and sale of timber-framed buildings, kits delivered directly to customers' doorsteps. The company’s website highlights a range of products, including garages, carports, verandas, pergolas, and pool houses, all hand-made in France. They offer various sizes, materials, and roof types, with a focus on simple installation and online tutorials. The company even offers bespoke projects and doesn’s require planning permission for buildings under 20m2.

Financially, Oak Space Ltd is showing some concerning trends. While turnover remained steady at £48,000, net assets have fallen to -£580. This suggests the company is burning through cash, and the low asset level is worrying. Cash bank on hand is also just £1. The company’s operating profit loss is -£580, and the director made payments on behalf of the company. Despite these challenges, the company’s small size (meeting two of three conditions for a small company) allows for flexibility. There's no auditor mentioned, which is typical for companies of this size. The company’s director made payments on behalf of the company, which could be a sign of financial strain.

Registered in England/Wales under the registration number 14325204, with a registered address at W8 4LZ, England, London, First Floor Office, 3 Hornton Place.

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