Tala Fustok Ltd

Tala Fustok Ltd, based in London, UK, is a small, active company founded nine years ago in 2016. With six employees and £315,026 in assets, it operates from a virtual address—a fact highlighted by the presence of 204 other companies registered at the same location. The company is led by a single director and owner, who also serves as the solo founder. It regularly imports and exports furniture, lighting, and prefabricated buildings, with recent activity recorded in December 2024 for imports and April 2023 for exports. The company's website, Tala Fustok Interior Design, suggests a focus on interior design services.

The company operates in the specialised design activities industries, and is a small business as it met two of three conditions: turnover under £10.2 million, balance sheet total under £5.1 million, and fewer than 50 employees. It’s a real tight-knit operation, with just one director and owner. The website gives the impression of a design studio, offering interior design services, but it’s unclear if this is a fully-fledged e-commerce operation or simply a portfolio showcasing the company’s work.

Financially, Tala Fustok Ltd presents a mixed picture. Cash bank on hand remains steady at £310,000, but accrued liabilities deferred income are unchanged at £9,800. A significant increase in corporation tax payable—up 49% to £23,000—could be a temporary blip. Creditors have decreased by 25%, which is a positive sign, suggesting improved debt management. However, a notable increase in other creditors—down 41% to £130,000—raises questions. Trade debtors have also decreased, which is good. The company's net assets have increased by 110%, which is a good sign. The company is exempt from an audit, so the figures are unaudited.

Overall, Tala Fustok Ltd appears to be holding its own, but the increased tax liability and changing creditor balances warrant closer monitoring. The company’s focus on interior design and its small size allow for agility, but the long-term sustainability depends on maintaining a steady flow of projects and managing its financial obligations.

Registered in England/Wales under the registration number 10003594, with a registered address at N3 2LT, United Kingdom, London, First Floor, 314 Regents Park Road, Finchley.

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