Finka Ltd

Finka Ltd from West Drayton UK: a small, active company founded two years ago, employs one person, and holds £389 in assets. It’s a solo venture led by a single director and owner, Kotowoda Sebastian. The company operates in both retail sales via mail order and internet, and freight transport by road. It’s a real address, with only two companies registered there, which is a good sign.

The company’s website isn't available, so it’s hard to tell exactly what they’re selling online. However, the industries they operate in suggest a focus on logistics and potentially some online retail. It's likely they are an ecommerce business, but without more information, it's difficult to say for sure.

Financially, Finka Ltd presents a mixed picture. Current assets have fallen significantly, dropping 52% to just £390. Cash reserves have also taken a hit, declining by 52% to £390. The company’s creditors have increased substantially, rising 120% to £2700. On the positive side, depreciation charges have increased, which could mean the company is investing in its equipment. Fixed assets have increased by 370%, indicating growth in this area. However, the sharp decline in cash and the rise in creditors are concerning. The company’s small size (meeting two of three conditions for a small company) allows for flexibility, but the net current assets liabilities are a big negative.

It's worth noting that the company has not been audited, which is typical for small companies. The accounts are "filleted," meaning they are simplified and don’t include a detailed profit and loss statement. The director acknowledges his responsibilities, and the company has taken advantage of a section of the Companies Act relating to small companies. The company is using a software called Acorah Software Products.

Registered in England/Wales under the registration number 14264870, with a registered address at UB7 9GD, England, West Drayton, 34 Summer Drive.

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