Se Design Ltd

Se Design Ltd is a small, active company registered in London, UK. Founded five years ago in June 2019, it’s a solo venture led by a single director and owner, Guven Turku Sevgim. The company currently employs one person and holds £41 in assets. It operates from a real address at 8 Atlas Gardens, SE7 7TB, and is registered with only one other company at the same location.

The business engages in a diverse range of activities, including retail sales via mail order and the internet, management consultancy, specialised design, and acting as an agent for textile, clothing, fur, footwear, and leather goods industries. Its website, while currently unavailable, suggests a focus on design and potentially e-commerce.

Financially, Se Design Ltd's recent report paints a concerning picture. Current assets have plummeted a staggering 100% to just £41, while net assets have swung into negative territory at -£660. Bank borrowings have increased by 67%, reaching £5, and cash reserves remain at a meager £5. Creditors are also up, at £700. The company's small size—meeting two of three conditions for a small company—helps it remain agile, but the sharp decline in equity and assets is a significant cause for concern. The accounts are abridged and unaudited, and there’s no mention of an auditor.

It seems like Se Design Ltd is struggling to maintain its financial stability. The rapid decrease in assets and the negative equity suggest the company is burning through cash, and the increase in bank borrowings indicates a reliance on external funding. Whether the company can turn things around will depend on its ability to generate revenue and manage its expenses effectively.

Registered in England/Wales under the registration number 12066042, with a registered address at IG5 0TG, England, Ilford, Greater London, 28 Cottesmore Avenue.

WARNING: The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Ports, countries, transport, and price/kg were calculated by CorpSignals; non-official data, may contain errors.