Timber Lodge Studio Ltd

Timber Lodge Studio Ltd, based in Harrow, UK, is a small, active company founded four years ago. It's a solo venture with one employee and £500 in assets, operating from a virtual address. The company is led by a single director and owner, Marcin Sikorski, and runs an e-commerce site. It meets two of the three conditions to be considered a small company: turnover under £10.2 million and balance sheet total under £5.1 million, with fewer than 50 employees.

The company's website, timberbuildingspecialists.co.uk, focuses on log cabins, garden buildings, and related services. It's clear that the business is primarily an e-commerce operation, offering a wide range of log cabins, from standard models to bespoke designs, and even golf simulator cabins. The site showcases various log cabin types, including corner, garage, and residential options, and highlights services like bespoke design, nationwide delivery, and installation. The website also promotes a range of garden buildings, including BBQ huts, hot tubs, and saunas.

Financially, Timber Lodge Studio Ltd presents a mixed picture. Current assets have decreased significantly, dropping 75% to just £500. Net assets have also fallen, declining 17% to -£14,000. Bank borrowings have increased considerably, rising 2,400% to £800. Creditors have also risen, increasing 270% to £760. Cash reserves have plummeted 100% to zero. The company's small size (meeting two of the three conditions for a small company) allows for agility, but the sharp decline in equity and cash reserves raises concerns. The company is exempt from an audit, so the figures are unaudited.

Despite the financial pressures, Timber Lodge Studio Ltd appears to be actively marketing its products and services. The website is well-designed and informative, and the company seems to be targeting a niche market of customers looking for high-quality log cabins and garden buildings. The company’s financial records, however, suggest that it’s burning through money, and the lack of cash reserves could pose a challenge in the long term. The director, Marcin Sikorski, is clearly working hard to build the business, but whether he can turn around the financial situation remains to be seen.

Registered in England/Wales under the registration number 13119868, with a registered address at HA1 1BE, England, Harrow, Middlesex, 2nd Floor Hygeia House, 66 College Road.

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