Cliq Limited

Cliq Ltd from Rochford UK: a small, active company founded 22 years ago, employs 12 people, and holds £1,296,623 in assets. Operating from a virtual address, it’s managed by six directors and one owner. The company regularly imports and exports optical and medical tools and devices, with 27 months of import activity and 49 months of export activity recorded.

The company's activities appear to center around the distribution of medical and optical equipment, with a focus on both import and export operations. While a website isn's available, it’s likely that Cliq Ltd operates as a wholesale distributor, connecting manufacturers with retailers or healthcare providers. The virtual address suggests a lean operational structure, potentially minimizing overhead costs.

Financially, Cliq Ltd presents a mixed picture. Current assets have decreased by 7.3% to £1,300,000, while net assets have fallen by 2.4% to £1,200,000. Bank borrowings have increased by 24%, reaching £450,000, and cash reserves have also increased by 24% to £450,000. Trade debtors have decreased by 37%, which is a positive sign, suggesting better collection of payments. Creditors have decreased by 28%, which is also a good sign. The company meets the criteria for a small company, with turnover under £10.2m, assets under £5.1m, and fewer than 50 employees. The lack of an auditor mentioned (likely exempt as a small company) means the financial data relies on unaudited statements.

The company’s losses have deepened, with net losses increasing by 1.1% to -£2,700,000. This suggests that the company is burning through money, but the increase in cash reserves may indicate a recent influx of capital. It's possible that the company is investing in new equipment or expanding its operations, which could be contributing to the losses. The company's small size and agile structure are likely helping it navigate these challenges, but the equity drop warrants careful monitoring.

Registered in England/Wales under the registration number 04737068, with a registered address at SS4 1DB, United Kingdom, Rochford, Essex, Millhouse, 32-38 East Street.

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