Gretek Ltd

Gretek Ltd from London UK: small company, active status, founded 6 years ago, 2 employees, £923 assets, real address, 1 director, 1 owner, solo founder. It’s a small business, meeting two of three conditions to qualify – turnover under £10.2 million, balance sheet total under £5.1 million, and fewer than 50 employees. The company, incorporated on June 05, 2018, operates in a diverse range of industries, including retail sale via mail order, transportation support, and various service activities. Officially, it has one owner and director, Georgiev Pavel Aleksandrov, and employs just two people.

The company's website, gretekltd.co.uk, showcases a surprisingly broad range of products and services. While the site’s design is simple, it suggests an e-commerce focus, listing items like phone cases, jewelry, and even offering services like document translation and virtual assistant support. There's also a section dedicated to "transportation support," though specifics are vague. It's not entirely clear how these disparate offerings connect, but the site’s presence indicates an attempt to diversify revenue streams.

Financially, Gretek Ltd presents a mixed picture. While current assets have increased by a respectable 28% to £920, net assets remain negative at -£1,700. Bank cash has risen dramatically, a 240% increase to £490, but creditors have also decreased slightly to £2,700. Trade debtors have fallen by 25%, which could mean improved collection rates, or perhaps a reduction in sales on credit. The company’s small size exempts it from an audit, so the figures are unaudited. The significant negative equity suggests the company is still burning through cash, despite the increase in assets. It’s possible that the diverse range of services is a reflection of an attempt to find a profitable niche, but it also could be a sign of a company struggling to focus.

Registered in England/Wales under the registration number 11398668, with a registered address at N17 7LP, England, London, 3 Mayfair Gardens.

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