Certifyport Limited

Certifyport Limited is a small, active company based in London, UK, founded four years ago. It’s a solo venture with one employee, £1,988 in assets, and a virtual address shared by many other businesses. The company is led by a single director and owner, Tunc Ahmet Muazim.

The company operates across several industries, including retail sale via mail order, software publishing, IT consultancy, and web portals. Its website, DrainForce Plumbing, showcases a focus on drainage and plumbing services, ranging from unblocking drains to boiler installations. The company emphasizes expert solutions, reliable service, and honest pricing, catering to both residential and commercial needs. It seems to have a strong local presence, with a perfect 5.0 Google rating and numerous positive reviews highlighting its responsiveness and professionalism.

Financially, Certifyport Limited presents a mixed picture. Current assets have fallen significantly by 77% to just £2,000, while net assets have also decreased by 42% to £260. Bank borrowings have increased by 2,400%, reaching £29,000, and cash reserves have plummeted 60% to £2,000. Trade debtors have remained steady, however, creditors have dropped by 80%, suggesting improved debt management. The company’s small size (meeting two of three criteria for a small company) helps it remain agile, but the sharp equity drop indicates a need for careful financial management. With no auditor mentioned (likely exempt as a small company), the figures rely on unaudited statements.

Overall, Certifyport Limited appears to be a small, entrepreneurial business navigating the challenges of growth. While its plumbing services seem to be well-received locally, the company’s financial performance suggests it’s burning through cash and needs to focus on improving its profitability.

Registered in England/Wales under the registration number 13279942, 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.