Makester Ltd

Makester Ltd from Ringwood UK is a small, active company founded five years ago in 2020. Employing just four people, it holds £241,423 in assets and operates a real address. With four directors and two owners, the company runs an e-commerce site specializing in cool candle gifts for every occasion. It’s a small company as it met two conditions of three: turnover less than £10.2 million, balance sheet less than £5.1 million, and employees less than 50.

The website, Makester Candles, is clearly the company’s primary focus. It’s a well-designed e-commerce platform showcasing a wide range of candles, personalized gifts, and themed collections—everything from Mothers Day presents to gifts for pet lovers. The site is full of categories, and even has a blog. Customer reviews are prominent, and the site emphasizes luxury 100 soy wax candles. It’s a very professional looking site.

Financially, Makester Ltd shows some concerning trends. While current assets increased by 140% to £240,000, net assets jumped 200% to £61,000. Bank borrowings remained steady at £6,400, but creditors surged by 160% to £170,000. Trade debtors also increased significantly, by 87% to £140,000. It seems like the company is growing, but also taking on more debt. The increase in creditors and debtors suggests that the company may be struggling to manage its cash flow, and the increase in bank borrowings may indicate that it is relying on external financing to fund its operations. The company is exempt from an audit, so the numbers are unaudited.

Overall, Makester Ltd appears to be a small, growing e-commerce business with a strong online presence. However, the financial data suggests that it may be facing some challenges in managing its cash flow and debt. It’s a nice looking site, but the company needs to keep an eye on its finances.

Registered in England/Wales under the registration number 12396450, with a registered address at BH24 3SQ, England, Ringwood, 4 Parkside.

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