Iking Ltd

Iking Ltd is a small, active company based in Rochdale, UK, founded seven years ago in 2017. With a single employee and £98,577 in assets, it operates from a real address and is led by a solo founder who also serves as director and owner. The company’s activities span non-specialised wholesale trade, retail sales via mail order and internet, and licensed carriers industries.

The company’s website, China Iking Industrial Group Co., Ltd., showcases a range of personal protective equipment, including disposable masks, hand sanitizers, and protective gloves. It targets businesses with a focus on competitive pricing, reliable quality, and excellent customer service. The site emphasizes a mobile-friendly design and product display features to enhance the online shopping experience. It also has a section dedicated to news and updates, highlighting new product offerings and industry trends.

Financially, Iking Ltd's recent performance presents a mixed picture. Current assets have decreased by 29%, falling to £99,000, while net assets have also declined by 17%, settling at £49,000. Bank borrowings have been completely wiped out, dropping 100% to zero, and cash reserves have increased by a modest 5.4% to £14,000. However, trade debtors have decreased by a substantial 38%, and creditors have also fallen by 32%. The company’s small size (meeting two of three conditions for a small company) allows for agility, but the decrease in net assets could indicate a need for increased revenue or cost management. No auditor is mentioned, consistent with its status as a small, exempt company.

The company’s financial data suggests it’s navigating a period of adjustment, potentially reflecting the challenges of operating in a competitive market. While the website shows a focus on online sales and a range of products, the financial trends warrant close monitoring to ensure long-term sustainability.

Registered in England/Wales under the registration number 10800122, with a registered address at OL11 5NB, England, Rochdale, 42 Bamford Way.

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