Marick Labels Ltd

Marick Labels Ltd from Glossop UK: a small, active company founded sixteen years ago, employs seven people, and holds £927,374 in assets. It’s a family business with one director and two owners, operating from a real address in Glossop. Regular importer of plastics and plastic products (three months imported).

The company operates in the manufacture of paper stationery industries. It’s a small company as it met two of three conditions: turnover less than £10.2 million, balance sheet less than £5.1 million, and fewer than 50 employees. The business is a regular importer, with its top import category being Plastics and plastic products, totaling three months of imports. The last import operation was conducted on August 01, 2022.

There’s no website to analyze, so it’s hard to determine if they operate an e-commerce site.

Financially, Marick Labels Ltd presents a mixed picture. Accrued liabilities decreased significantly, falling by 98% to just £1,400. However, bank borrowings increased by 12%, reaching £6,000. Cash reserves, thankfully, grew by 9.9% to £180,000. Creditors also decreased by 47%, suggesting improved debt management. The company’s equity increased by 21%, reaching £830,000. However, it’s worth noting that the company’s property, plant, and equipment gross cost decreased by 34%, which could indicate depreciation or asset sales. The company is exempt from an audit as a small company, so the figures are unaudited.

It seems like Marick Labels Ltd is doing alright, but the decrease in property, plant, and equipment should be monitored.

Registered in England/Wales under the registration number 06845519, with a registered address at SK13 1BE, Glossop, Unit 2 Waterside Business Park, Hadfield.

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