Markiz Uk Limited

Markiz Uk Limited is a small, active holding company based in Enfield, UK, established eight years ago in September 2016. The company, with a single employee and £409,123 in assets, operates from a virtual address shared by twenty-eight other businesses—a detail that warrants some attention. It’s led by one director and owned by two individuals, with a solo founder at its helm. Markiz Uk Limited is an irregular importer, primarily dealing in jewelry, precious stones, and metals, with its last import operation recorded two months ago in November 2019. The company operates in the wholesale of watches and jewellery industries.

The company's website is not available for review, so it’s difficult to assess its online presence or e-commerce activities.

Financially, Markiz Uk Limited shows a mixed picture. While bank borrowings have decreased significantly by 50%, dropping to £9,900, cash reserves have fallen by a substantial 68%, leaving only £14,000. Net assets have also taken a hit, declining by 84% to £27,000. Creditors have increased by 29%, reaching £370,000, and trade debtors have plummeted by 43%, leaving only £86,000. The company's small size (meeting two of three conditions for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it remain flexible, but the sharp decline in equity raises concerns. The company's accounts were prepared by DNG Associates and are unaudited, which is common for small companies. It seems like the company is struggling to maintain its financial health, but it’s also worth noting that the company’s directors acknowledge their responsibilities under the Companies Act.

Registered in England/Wales under the registration number 10401306, with a registered address at EN1 3JT, England, Enfield, 214 Baker Street.

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