Hk Market Ltd

Hk Market Ltd from Thornton Heath UK is a small company with an active status, founded just one year ago. It holds £748 in assets, operates from a real address, and is managed by one director and owner – a solo founder. It has a stellar 5.0 Google rating based on one review. The company operates in the retail sale via mail order houses or via internet industries.

The company’s website, HKRefurbishedStock, positions itself as a wholesale supplier of original used iPads, iPhones, and Samsung Galaxy phones from Hong Kong and Shenzhen, China. It caters to wholesalers around the world, offering a wide range of fully refurbished phones and devices. The site emphasizes reliability, quality assurance, and customer service, aiming to bridge the gap between traditional Chinese business practices and Western expectations. It even boasts of helping partners employ hundreds of people globally. The site also includes a blog with information on buying wholesale, renewal services, and even a section for eBay and Amazon retailers.

Financially, Hk Market Ltd’s report shows a mixed picture. Cash bank on hand remained steady at £140, but net assets are a mere £120, and net current liabilities sit at -£580. Trade debtors are at £600, while creditors are at £1300. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it stay nimble, but the low net assets and negative current liabilities suggest a tight financial situation. Property plant equipment has seen some additions, but depreciation remains consistent. The lack of an auditor (likely exempt as a small company) means the figures are unaudited.

While the website projects a thriving international wholesale operation, the financial data reveals a company operating on a very small scale, possibly struggling to generate sufficient revenue to cover its liabilities. It's a situation that could be typical for a young company, but it will need to address these challenges to ensure long-term sustainability.

Registered in England/Wales under the registration number 14843521, with a registered address at CR7 7RU, England, Thornton Heath, 205a Melfort Road.

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