Machka Ltd

Machka Ltd is a small, active company based in London, UK, founded four years ago in January 2021. The company, with a single employee and £9,199 in assets, operates from a virtual address shared by 715 other companies, raising some questions. It’s led by a solo founder, Ozkan Sabri Osman, who also serves as the director and owner.

Machka Ltd’s website reveals a vibrant online fashion retailer, primarily targeting women. The site, currently unavailable in some browsers, showcases a wide range of clothing and accessories, with a focus on contemporary styles and seasonal collections. It seems to be a Turkish brand, with the website written in Turkish, and offers a variety of delivery options. The site also highlights a loyalty program and emphasizes customer service. It’s clear that Machka Ltd is trying to create a strong brand identity, with a focus on online sales and a modern aesthetic.

Financially, Machka Ltd presents a mixed picture. While current assets increased by 30% to £9,200, equity plummeted 94% to a mere £40. This significant drop in equity, coupled with a 85% increase in taxation and social security payable to £9,100, suggests the company is burning through cash. Cash bank on hand also decreased by 22% to £290, and creditors increased by 64% to £9,100. Despite a 36% increase in trade debtors to £8,400, the company’s small size (meeting two of three criteria for a small company) allows it to remain agile. The lack of an auditor is typical for a small company, and the figures are unaudited.

In conclusion, Machka Ltd is a small online fashion retailer facing financial pressures. While its brand and website appear well-developed, the company's equity decline and rising liabilities suggest it’s struggling to manage its cash flow. It’s possible that the company is investing heavily in marketing and inventory, or that it’s facing increased competition in the online fashion market.

Registered in England/Wales under the registration number 13136133, with a registered address at N5 2ER, United Kingdom, London, Office 403, Screenworks 22 Highbury Grove.

WARNING: The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Ports, countries, transport, and price/kg were calculated by CorpSignals; non-official data, may contain errors.