Studio 17 Ltd

Studio 17 Ltd from Fareham UK: a small company with an active status, was founded 15 years ago and employs just one person. It holds £60,152 in assets, operates from a virtual address, and is led by two directors and three owners. It’s a family business, started by a solo founder.

The company operates in the retail sale via mail order houses or via internet industries. Its website, Studio17 Design Ltd, showcases a different side: product design and development for various clients. The site highlights expertise in areas like kitchenware and electric vehicles, emphasizing thoughtful design and business growth. They offer services from initial concept to prototyping and engineering, with a team of expert associates supporting founders David Evans and Ashley May. The site also features a newsletter signup and contact information, suggesting a focus on client engagement.

Financially, Studio 17 Ltd’s report shows a mixed picture. Current assets have fallen by 34% to £60,000, and net assets have dropped significantly by 51% to just £23. While bank borrowings have decreased, cash reserves have also declined, and creditors have been reduced. The company’s small size (meeting two of three conditions for a small company) helps it remain flexible, but the decline in equity is a concern. The report doesn't mention an auditor, which is common for small, exempt companies. The company's retained earnings and accumulated losses have also decreased.

Overall, Studio 17 Ltd appears to be facing some financial headwinds, although it’s likely a normal part of running a small business. The design focus and client-centric approach suggest a potential for growth, but careful management of finances will be essential.

Registered in England/Wales under the registration number 06976201, with a registered address at PO15 5TD, United Kingdom, Fareham, Hampshire, Shms House, 20 Little Park Farm Road.

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