Marchlake Limited

Marchlake Ltd from Stockport UK: a small, active company founded 26 years ago, employs four people, and holds £640,136 in assets. It operates from a virtual address, is managed by two directors, and is owned by Kohli Navdeep, the solo founder. The company irregularly imports optical and medical tools and devices, with the latest import occurring two months ago.

Marchlake Ltd operates in the human health activities industries and is a small business, meeting two of three conditions: turnover less than £10.2 million, balance sheet total less than £5.1 million, and fewer than 50 employees. It’s a private limited company and the accounts are unaudited, a common exemption for small businesses. The company’s website, The Glasshouse Opticians, showcases a practice specializing in eye care, offering services like eye tests, contact lens fittings, and glasses repairs. It’s clear they focus on customer service and have a wide range of designer frames.

Financially, Marchlake Ltd shows some interesting trends. Cash bank on hand has increased significantly by 42%, reaching £580,000, while current assets have also grown by 39% to £640,000. However, accumulated depreciation has risen by 29%, and creditors have increased by 59%, suggesting a potential need to manage debt. The company’s equity has grown by 25%, which is a positive sign, but it’s important to note that the figures are unaudited. The increase in bank borrowings is also something to keep an eye on. The company’s fixed assets have decreased by 25%, which could be due to depreciation or asset sales. Overall, the company seems to be growing, but it’s important to monitor its debt levels and ensure it can sustain its growth.

Registered in England/Wales under the registration number 03718056, with a registered address at SK1 1DS, Stockport, Cheshire, Mellor House, 65-81 St. Petersgate.

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