Clark Werks Ltd

Clark Werks Ltd is a small, active company based in London, UK, established five years ago in 2019. It employs just two people and holds £7,196 in assets. The company operates from a virtual address—a detail worth noting, as 28,884 other companies are registered at the same location—and is run by two directors and two owners, who are also the company’s officers. Clark Werks Ltd specializes in retail sales via mail order and internet, and it irregularly imports toys, games, and sports equipment, with the last import activity recorded two months ago in January 2021.

The company’s website, Clarks Cycle Systems, focuses entirely on cycle components and parts. It's a comprehensive online store with a wide range of products, from hydraulic disc brakes to grips and headsets. The site highlights new products for 2024, emphasizing modulated power delivery and redefining braking for riders. It also caters to distributors with marketing support and resources, and offers technical documentation and videos for end-users and mechanics. Clarks Cycle Systems has been around since 1954 and has a global distribution network.

Financially, Clark Werks Ltd presents a mixed picture. While current assets have increased slightly to £7,200, net assets have significantly declined to £2,500—a drop of 29%. Cash bank on hand has fallen sharply by 64% to just £1,300. Interestingly, amounts owed to directors have surged by a staggering 200%, reaching £4,500. Trade debtors have also increased, and creditors have risen, suggesting a need for better cash flow management. The company’s small size—meeting two of three criteria for a small company—allows for agility, but the decline in equity is concerning. With no auditor mentioned, the figures are unaudited.

Overall, Clark Werks Ltd seems to be navigating a challenging financial landscape. While the cycle component business appears to be thriving, the company’s core financial health requires close attention.

Registered in England/Wales under the registration number 12307514, with a registered address at N1 7GU, England, London, 20-22 Wenlock Road.

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