Sugi Studio Ltd

Sugi Studio Ltd is a small, active company based in London, UK, founded just one year ago in April 2023. It’s a solo venture, with a single director and owner, Leung On Kee, and currently holds just £467 in assets. The company operates from a virtual address – a common situation as 10,768 other businesses share the same location – and is classified as small, meeting two of three conditions: turnover under £10.2 million, balance sheet total under £5.1 million, and fewer than 50 employees.

Sugi Studio Ltd’s website showcases a business involved in both retail sales via mail order and internet, and translation and interpretation activities. It's not a large-scale e-commerce platform; rather, it appears to be a smaller operation, possibly offering specialized services or niche products. The site doesn't provide extensive details about the product range, but the dual focus suggests a diverse skillset within the company.

Financially, Sugi Studio Ltd presents a concerning picture. The company reported a net loss of -£360, and cash reserves are minimal at just £260. Administrative expenses remained steady at £150, but the lack of turnover and significant losses indicate a business struggling to generate revenue. Trade debtors are non-existent, and cash bank on hand is low. The company’s small size and lack of employees (zero reported) contribute to its lean operation, but the negative equity and lack of cash flow raise serious questions about its long-term viability. The accounts are abridged and unaudited, and there’s no mention of an auditor. It’s likely the company is exempt from an audit due to its size. While the company is still young, the current financial trajectory suggests it’s burning through money and needs to find a way to increase revenue or reduce expenses.

Registered in England/Wales under the registration number 14827508, with a registered address at HR5 3DJ, United Kingdom, Kington, 61 Bridge Street.

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