Cyphertek Solution Limited
- Small
- Active
- 2 years
- 1 employee
- £1,095 (assets)
- Real address
- 1 director
- 1 owner
Two conditions of three:
1.Turnover < £10.2 million
2.Balance sheet total < £5.1 million
3.Average number of employees < 50
Field of Operation
Website
Summary
Cyphertek Solution Limited is a small, active company based in London, UK, founded two years ago in August 2022. With a single employee and £1,095 in assets, it operates from a real address in East Ham. The company is led by one director and one owner, Khalid Faizan. It’s a private limited company registered in England and Wales with registration number 14320040.
The company positions itself as an "EBusiness Partner," offering a range of services to help businesses grow online. Its website highlights expertise in Amazon, eBay, and Etsy, providing services like seller central management, product sourcing, branding, and even WordPress website development. Testimonials on the site praise Cyphertek’s dedication, knowledge, and ability to connect clients with distributors and brands. It seems they're really focusing on helping others succeed in the digital marketplace.
Financially, Cyphertek’s picture is a little complex. While current assets increased by 130% to £1,100, equity has plummeted 230% to a negative £2,600. Creditors have also risen significantly, increasing 190% to £3,700. Cash on hand, however, has seen a dramatic surge, jumping 6,900% to £70. The company's small size—meeting two of three criteria for a small company—helps with agility, but the substantial equity decline is concerning. Bank borrowings have also increased, which is a sign that they may be relying on credit to keep things running. The company is exempt from an audit as a small company, so the figures are unaudited.
It’s clear that Cyphertek is working hard to build its client base and provide valuable services. However, the financial data suggests the company is burning through money, and it’s important to see if they can turn things around.
Registered in England/Wales under the registration number 14320040, with a registered address at E6 2JA, United Kingdom, London, Office 4390 182-184 High Street North, East Ham.
WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Owners & PSC
-
Individual
- Khalid Faizan
- 2 years
- 75%+
-
Resident of Pakistan
Managers
-
Individual
- Khalid Faizan
- 2 years
-
Resident of Pakistan
Last reports
The latest confirmation statement submitted five months ago.
Last news
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Total exemption full accounts made up to 2024-08-31Download 10 pages pdf report
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Confirmation statement made on 2024-08-25 with no updatesDownload 3 pages pdf report
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Total exemption full accounts made up to 2023-08-31Download 10 pages pdf report
FAQ about Cyphertek Solution Limited
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