Wlc Studio Ltd

Wlc Studio Ltd from London UK is a small, active company founded five years ago. It operates with a solo founder, one director, and a single employee, holding £44,983 in assets. The company’s registered address is a virtual one, shared by 753 other businesses.

Wlc Studio Ltd’s operations span several industries, including retail sales via mail order and internet, advertising agencies, and other business support services. The company’s website, while not fully detailed, suggests a focus on design and creative services. It's a small business, meeting two of the three criteria for classification: turnover less than £10.2 million, balance sheet total less than £5.1 million, and fewer than 50 employees.

Financially, Wlc Studio Ltd presents a mixed picture. Cash bank on hand decreased by 14% to £33,000, while creditors dropped by 20% to £21,000. Trade debtors, however, saw a significant increase of 120% to £12,000—a trend that could indicate delayed payments or a shift in credit policies. Equity increased by 22% to £24,000, suggesting a positive retained earnings balance. Although the company’s property, plant, and equipment decreased by 97% to just £55, this is likely due to depreciation. The company’s accounts are described as “filleted” and unaudited, and the director is satisfied with the company’s financial status.

The company’s accounts state that they have been prepared under the historical cost convention and in accordance with FRS 102. It’s clear that the company is not burning through money, but it's also not experiencing explosive growth. The increase in trade debtors is something to keep an eye on, but overall, Wlc Studio Ltd appears to be a stable, if modest, operation.

Registered in England/Wales under the registration number 12286816, with a registered address at N16 9BS, England, London, 17 Green Lanes.

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