Tykhe Consultancy Ltd

Tykhe Consultancy Ltd is a small, active company based in London, UK, established three years ago in November 2021. With just two employees and £21,532 in assets, it’s a family-run business operating from a virtual address – 157 other companies share the same location. The company is led by two directors and owners, Sayil Mehmet and Sayil Erdal Remzi.

Tykhe Consultancy’s website suggests a diverse range of activities, including construction of domestic buildings, retail sales via mail order and internet, buying and selling of real estate, and architectural services. The site is simple, with basic pages for "About," "Projects," "References," and "Contact." It’s clear they’re trying to establish a professional image, though the website lacks detail.

Financially, Tykhe Consultancy’s recent performance presents a mixed picture. Cash bank on hand has increased significantly, up 400% to £11,000, which is a positive sign. However, trade debtors have fallen by a substantial 46%, dropping to £10,000 – potentially indicating difficulties in collecting payments. Creditors have also increased, with short-term creditors up 12% to £14,000. The company’s equity has grown by 28% to £4,700, which is good, but the substantial decrease in debtors is something to watch. The company is classified as small, meeting two of three criteria: turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. The accounts are unaudited, and no auditor is mentioned.

Overall, Tykhe Consultancy appears to be navigating early-stage challenges. The increase in cash is encouraging, but the decrease in debtors suggests a need to manage customer payments more effectively. The company’s small size allows for agility, but continued monitoring of financial trends is crucial for long-term sustainability.

Registered in England/Wales under the registration number 13732528, with a registered address at N15 5EA, England, London, England, C/O Dirench & Co 151 West Green Road, Seven Sisters.

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