Mako Networks Limited

Mako Networks Ltd from Glasgow UK is a small, holding company with an active status. Founded twenty years ago in 2005, it employs just two people and holds £4,084,887 in assets. The company operates from a virtual address, registered at 272 Bath Street, which is probably virtual as thirty-three companies are registered there. It’s managed by two directors and has one owner, though this list isn’t exhaustive as it only includes owners with over twenty-five percent of shares. Mako Networks regularly imports electrical machinery and equipment, with nineteen months of import activity recorded, the last in September 2024, but exports irregularly, with only one month of activity as of November 2018.

The company operates in the wholesale of computers, computer peripheral equipment and software industries. Its website is non-existent, so it’s difficult to ascertain if it operates an e-commerce site.

Financially, Mako Networks Ltd presents a mixed picture. While cash and cash equivalents increased by 15%, reaching £2.9 million, current assets have also increased by 27% to £4.1 million. However, trade debtors have significantly increased by 74%, reaching £1.2 million, which could indicate issues with customer payments. Accumulated depreciation impairment property plant equipment increased by 11%, and impairment intangible assets increased by 33%. Bank borrowings are unchanged. The company’s small size (meeting two of three conditions for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows it to remain flexible. The lack of an auditor mentioned suggests the company is exempt as a small company, and the figures rely on unaudited statements.

In short, Mako Networks Ltd appears to be holding its own, but the increase in trade debtors warrants attention. The company’s status as a holding company suggests it may have other investments or subsidiaries, which are not detailed in this report.

Registered in Scotland under the registration number SC277998, with a registered address at G2 4JR, United Kingdom, Glasgow, Scotland, 272 Bath Street.

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