System Design Lab Uk Ltd

System Design Lab Uk Ltd is a small, active company based in London, UK, founded eight years ago in 2017. With just one employee and £141,396 in assets, it’s a solo-founded family business operating from a virtual address—one of 715 companies registered at the same location. The company is led by a single director, Yasin Zengin, who is also listed as an owner alongside Semiha Zengin.

The company’s website showcases a focus on engineering and technical consulting services. System Design Lab offers a range of consulting services, partnering with clients to grow their businesses, develop strategies, and design solutions. They provide services like systems engineering, system integration, and modelling and simulation. They also have a contact form, realtime chat, and an email address for potential clients.

Financially, System Design Lab Uk Ltd presents a mixed picture. Cash bank on hand has decreased by 47% to £70,000, while creditors have risen significantly—within one year creditors are up 230% to £37,000. Trade debtors have increased dramatically, up 2700% to £72,000, which could indicate a period of rapid growth or potential issues with customer payments. Equity has also fallen by 14% to £100,000. Despite these challenges, the company’s small size (meeting two of three criteria for a small company) allows for agility. The accounts are unaudited, and no auditor is mentioned, which is typical for small companies.

While the company appears to be operating and actively seeking clients, the financial data suggests it's burning through cash. The increase in debtors and creditors, combined with the decline in cash reserves, warrants close monitoring. The company's success will likely depend on its ability to convert those outstanding debtors into cash flow and maintain its focus on providing valuable consulting services.

Registered in England/Wales under the registration number 10645937, with a registered address at N5 2ER, United Kingdom, London, Office 403, Screenworks 22 Highbury Grove.

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