Up-route Ltd

Up Route Ltd is a small, active company based in London, UK, founded three years ago. It’s a solo founder operation with a single director and owner, Tanik Ilhan Gorkem. The company holds £4,973 in assets and operates from a real address in SW12 9HW. While officially listed as operating in retail, IT services, and management consultancy, its website paints a different picture.

Up Route Ltd positions itself as a growth partner for ambitious teams, offering a range of services including brand strategy, UI design, web development, and marketing advertising. The website showcases successful projects for clients like Shoreline Fruit, Olive, and Kitchen Repose, demonstrating expertise in brand building and digital marketing, particularly for e-commerce businesses. They even have a partnership with Kodable, a kids coding game. The site emphasizes a collaborative approach, with testimonials highlighting the company’s passion and commitment to client success.

Financially, Up Route Ltd presents a mixed picture. Cash bank on hand has decreased by 41% to £2,600, while creditors have fluctuated, dropping 47% after a year but increasing 70% within a year. Net assets have significantly declined by 78% to just £88, and net current assets have fallen by 53% to £980. Tax liabilities have increased substantially by 190%. The company meets two of three criteria to be considered small (turnover under £10.2m, assets under £5.1m, and fewer than 50 employees). The unaudited accounts, prepared using VT Final Accounts, indicate the company is likely exempt from an audit.

The sharp decline in equity and net assets suggests the company may be burning through cash, although the fluctuating creditor figures hint at some level of debt management. It’s possible the company is reinvesting heavily in growth, but the financial data raises questions about its long-term sustainability.

Registered in England/Wales under the registration number 13386485, with a registered address at SW12 9HW, England, London, Flat B, 156 Bedford Hill.

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