Odd End Studio Ltd

Odd End Studio Ltd is a small, active company based in London, UK, founded five years ago in November 2019. With just two employees and £5,541 in assets, it operates from a virtual address shared by 984 other companies, a bit unusual. The company is led by one director and owner, Alemdar Gizem.

The company specializes in retail sales via mail order and internet, alongside offering specialized design activities. Its website, though currently unavailable, suggests a focus on creative services and potentially a curated selection of products. The company's description mentions no specific products, but hints at a focus on design and potentially a niche market.

Financially, Odd End Studio Ltd’s recent performance shows a mixed picture. Current assets have fallen by 31% to £5,500, while net assets have dropped by 17% to £180. Bank borrowings have increased by 2,400%, reaching £29,000, and cash reserves fell 30% to £28,000. Creditors decreased by 32%, suggesting better debt management. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it stay agile, but the sharp equity drop raises questions. With no auditor mentioned (likely exempt as a small company), the figures rely on unaudited statements.

The decline in assets and increase in debt could be a result of increased investment in the business, or potentially a sign of financial strain. It's difficult to say for sure without more information, but the company’s future success will depend on its ability to generate revenue and manage its finances effectively.

Registered in England/Wales under the registration number 12301151, with a registered address at N8 0RL, England, London, Demsa Accounts 565 Green Lanes, Haringey.

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