Pica Tech Ltd

Pica Tech Ltd is a small, active company based in London, UK, founded six years ago in 2018. It’s a solo founder operation, employing just one person and having a single director and owner. The company operates from a virtual address, registered with sixty-one other businesses, which is a bit odd.

Pica Tech Ltd’s core business, as revealed on its website, centered around UI/UX design, graphic design, and web design. However, after six years, the founder, Kaan Duran, made the heartfelt decision to close the company, transitioning to a sole trader role offering the same services on a more personal level under the kaanduran.com domain. The website clearly states it’s no longer operating as a company, but rather a personal brand.

Financially, Pica Tech Ltd’s situation looks a little concerning. Accumulated depreciation has completely wiped out the value of its computer equipment, and cash bank holdings have vanished. Creditors and taxation liabilities are also zero, and equity has plummeted to a negative £100. It’s worth noting that the company’s small size—meeting two of three criteria for a small company—means it’s exempt from an audit, so the figures are unaudited. The rapid decline in assets and cash reserves suggests the company was burning through money, although it's difficult to say if this was a deliberate strategy or a sign of financial strain. The lack of employees also indicates a very lean operation.

Registered in England/Wales under the registration number 11355619, with a registered address at N17 9QU, England, London, 60 Millmead Business Centre, Mill Mead Road.

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