STUDIO WOVEN LIMITED

SUITE LU.231, THE LIGHT BULB, 1 FILAMENT WALK, WANDSWORTH, LONDON, SW18 4GQ

Company Number: 12991619
Incorporation date: 02-Nov-2020
Status: Active
Entity type: Private Limited Company

SIC codes:
13931 Manufacture of woven or tufted carpets and rugs
13939 Manufacture of other carpets and rugs
47530 Retail sale of carpets, rugs, wall and floor coverings in specialised stores



SUMMARY

This company is 3.4 years old and is currently active. It is controlled by Mr Sam Moradzadeh. No P&L financials are available but there is Balance Sheet data. The company has negative equity (net assets) of GBP -118.2 thousand which has worsened since the previous year's figure of GBP 4.8 thousand. Although the P&L is not published, we can infer from the Balance Sheet that net profit (less dividends) was GBP -123 thousand in the last reported period. The company is both loss making and has negative equity, it is therefore likely to go bankrupt unless it can raise funding or business has improved since the last accounts were filed. Retained earnings is negative (GBP -118.3 thousand), which means the company has aggregate losses since it's inception; given that the company is a start-up, this is not surprising. The company has 2 active officers (directors or partners) who are or were officers of 10 other companies, 1 (10.0%) of which have since been dissolved or are proposed for strike off. The company has no public disputes filed on the Business Disputes Register. There are no court cases involving the company that we are aware of.


FINANCIALS (BETA)

Next accounts due: 31-Aug-2024
Accounts Filed: TOTAL EXEMPTION FULL (30-Nov-2022)


P&L Financials:
Year end Currency Revenue Operating profit Interest Received Interest Paid Tax Net Profit GBP
No P&L data available


Balance Sheet Financials:
Year end Currency Cash Current Assets Current Liabilities Debt Share Capital Premium Reserve Retained Earnings Net Assets
30-Nov-2022 GBP 292,974 459,954 750,954 100 -118,286 -118,186
30-Nov-2021 GBP 165,962 272,695 396,922 100 4,673 4,773

VALUATION EVENTS (BETA)

Year end Currency % Equity Sum raised Pre-Money Valuation* Post-Money Valuation* Enterprise Value**
Insufficient available data for calculating valuations.

DISPUTES

No disputes filed on www.disputesregister.org

COMPANY SECRETARY


Status Name Appointed on Resigned on Occupation Nationality All apointments
(active/resigned)
No information on secretary appointments

DIRECTORS


Status Name Appointed on Resigned on Occupation Nationality All appointments
(active/resigned)
Dissolved companies
(rate)
Active Nigel TAYLOR 01 Sep 2023 Consultant Director British 8 - 32 (18.2%)
Active Sam MORADZADEH 02 Nov 2020 Rug Sales American 1 - 00 (0.0%)
Number of active directors: 2
Average tenure of active directors: 2.0 years
Average tenure of resigned directors: no resignations yet
Average active director Dissolution Rate: 9.1%

DIRECTOR APPOINTMENTS IN OTHER COMPANIES

Name
 
INTERNATIONAL MANAGEMENT ANSWERS (IMA) LTD (04935480) - Active
ALBION GLOBAL PARTNERS UK LIMITED (08491588) - Dissolved
SHOPALOT LTD (09624937) - Active
SERIOUS LABS INTERNATIONAL LTD (11571783) - Active
SNOW COMMERCE LTD (11909348) - Active
STUDIO WOVEN LIMITED (12991619) - Active
VMG LONDON LTD (13567093) - Liquidation
OVRT LIMITED (13669536) - Active
MARLOU MUSEUM CONSULTANCY LIMITED (14487364) - Active
LIVINGWORKS LIMITED (14631451) - Active
PINNER LAWN TENNIS CLUB LIMITED (14828828) - Active

SHAREHOLDERS (BETA)

No shareholder data available

SHAREHOLDINGS (BETA)

no shareholding data

CONTROLLED COMPANIES / CONTROLLING ENTITIES



Controlling entities above

STUDIO WOVEN LIMITED

no controlled companies

LATE PAYMENTS REPORT


This company has not filed any late payment reports possibly because it is not considered \'Large\'.

COURT CASES


No Court Cases found

PATENTS


No Patents found

COMPETITORS

(Based on Sic code: 13931 Manufacture of woven or tufted carpets and rugs)

Company Registered Address Company Number YE Date Revenue GBP Net Profit GBP Other SIC codes
MILLIKEN INDUSTRIALS LIMITED BEECH HILL PLANT, GIDLOW LANE, WIGAN, LANCASHIRE, WN6 8RN 00172105 2018-12-02 132,919,000 5,779,000
BRINTONS CARPETS LIMITED WYRE FOREST HOUSE, FINEPOINT WAY, KIDDERMINSTER, WORCESTERSHIRE, ENGLAND, DY11 7WF 07749331 2018-09-29 86,761,000 10,308,000
ULSTER CARPET MILLS (HOLDINGS) LIMITED CASTLEISLAND FACTORY, PORTADOWN, CO ARMAGH, BT62 1EE NI001207 2018-03-31 76,284,361 8,635,104
INTERFACE EUROPE LTD. 10TH FLOOR, THE COLMORE BUILDING 20 COLMORE CIRCUS, QUEENSWAY, BIRMINGHAM, UNITED KINGDOM, B4 6AT 00309779 2017-12-31 72,588,000 2,583,000
G - TUFT LIMITED THORNHILL ROAD BUSINESS PARK, TENTER FIELDS, DEWSBURY, WEST YORKSHIRE, WF12 9QT 07917706 2018-04-29 23,329,780 0 13939-Manufacture of other carpets and rugs
TOFFEENOSE LIMITED 1057, P.O.BOX 1057, P.O.BOX 1057, AYLESBURY, HP22 9PB 06295132 2018-12-26 13,250 0
ANDRE FIGUEIREDO RUGS LIMITED 3 BRACKENLEA, GODALMING, ENGLAND, GU7 2QR 09454295 2018-02-28 3,469 0

LIQUIDATION RISK (BETA)



This company is Active. Statistically, Active companies have a low probability of being liquidated within a year.
Here are our probability predictions:
Basis Liquidation within 3 months Liquidation within 6 months Liquidation within 12 months Prediction confidence
STUDIO WOVEN LIMITED 0.7% 3.6% 7.1% Medium
Other companies Active in the same sector Too few competitors
Age 0.7% 3.7% 7.0% Medium
Company Type 0.7% 3.7% 7.4% Medium
Accounts category 0.5% 2.1% 4.2% Medium
Accounting Month 0.5% 3.5% 8.2% Medium
Sic code count 0.8% 4.4% 8.7% Medium
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