Rooms Studio Ltd

Rooms Studio Ltd is a small, active company registered in London, UK, founded two years ago in July 1999. It holds just £4,773 in assets and operates from a virtual address shared by 318 other companies, a bit odd really. The company is led by two directors and has one owner, Law David Jude Heyworth Coan, who is also listed as an actor/model/producer. It's a solo founder operation. Rooms Studio Ltd imports treated or layered fabrics for industrial use, with a recent import recorded one month ago.

The company’s website, roomsstudio.com, showcases a range of objects, collections, and interior design elements. It's a visually driven site, with a focus on luxury and bespoke design. The site suggests a business model centered around design and manufacturing, with a strong emphasis on aesthetics and high-end appeal. There's a news section and a contact page, and the site is linked to Instagram and Facebook accounts. It seems to be an ecommerce business, but it's hard to tell if it's a full-blown online store or more of a portfolio showcasing design projects.

Financially, Rooms Studio Ltd is showing some concerning trends. Current assets have plummeted by 75% to a mere £4,800, and net current assets have fallen by 43% to -£250,000. Bank borrowings have increased significantly, and cash reserves have dwindled. Creditors have also risen, suggesting a reliance on short-term financing. The lack of employees (zero reported) indicates a very lean operation, and the company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) means it's exempt from an audit. The accounts are unaudited, so the numbers rely on director-reported data.

Overall, Rooms Studio Ltd appears to be facing financial pressures. While the design aesthetic and online presence are appealing, the declining assets and increasing liabilities suggest a company burning through money. It’s possible that the company is still in its early stages of development, but the trends are not encouraging. The company’s reliance on short-term financing and lack of employee’s raise questions about its long-term sustainability.

Registered in England/Wales under the registration number 14245355, with a registered address at W1D 5EU, United Kingdom, London, 130 Shaftesbury Avenue, 2nd Floor.

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