Update London Ltd

Update London Ltd is a small, privately-owned exhibition stand design and build company based in London, UK. Founded five years ago in December 2019, the company is active and employs just one person, with Kahraman Seckin serving as both director and owner—a solo founder. The company holds £18,278 in assets, but its registered address is a virtual one, shared by 715 other companies.

The company specializes in creating high-impact exhibition stands and trade show displays, helping brands stand out at events. Its services include custom design stand construction, fabrication, graphic design, and large-format printing, often utilizing modular BeMatrix solutions. They even offer sustainable and cost-effective options. The company’s website highlights its experience, flawless service, and global reach, showcasing projects in Dubai and other international locations.

Financially, Update London Ltd shows some concerning trends. Cash bank on hand has decreased by a significant 37%, falling to £18,000. Current assets have also declined by 44% to £18,000. Equity has dropped by 24% to £11,000. While creditors have decreased, the decline in cash reserves and equity suggests the company is burning through money. Trade debtors have remained stable, however. The company is small, meeting two of three criteria for a small company—turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees—and the accounts are unaudited, likely due to small company exemptions.

The company’s reliance on a single employee and the decrease in cash reserves may be a cause for concern, but the focus on high-quality design and international projects suggests a commitment to growth.

Registered in England/Wales under the registration number 12372213, 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.