Marrkt Limited
- Active
- Small
- 10 years
- 7 employees
- £343,401 (cur assets)
- Regular importer
- Irregular exporter
- Real address
- 1 director
- 1 owner
- Solo founder
- York
- E-commerce
- Rating 4.0 (30)
Two conditions of three:
1.Turnover < £10.2 million
2.Balance sheet total < £5.1 million
3.Average number of employees < 50
Field of Operation
Website
Summary
Marrkt Ltd from York UK: a small, active company founded nine years ago, employs eight people, and holds £272,309 in assets. It’s a solo-founded operation with one director and owner, operating an e-commerce site and boasting a 4.0 Google rating from thirty reviews. The company irregularly imports footwear and related items, with the last import operation occurring two months ago in November 2020.
The company’s website, Marrkt, is a curated marketplace for preowned menswear from the world's best brands. It offers a wide range of items, from Drake's to RRL, and emphasizes quality, timelessness, and a circular economy for menswear. The site features new arrivals, price drops, and a selection of deadstock brands, alongside a journal and sell-with-us section. It's a global business with express shipping and a focus on authenticity.
Financially, Marrkt Ltd’s numbers show some interesting trends. Cash reserves increased significantly, jumping 150% to £84,000, which is good. However, net assets decreased by 39%, falling to -£85,000—a notable decline. Bank borrowings remained relatively stable, at £47,000, and creditors increased by 19% to £370,000. Trade debtors also rose, increasing by 12% to £180,000. The company meets the criteria for a small business, with turnover under £10.2 million, assets under £5.1 million, and fewer than fifty employees. There's no auditor mentioned, likely due to its small size.
Overall, Marrkt Ltd seems to be navigating a period of change. The increase in cash reserves suggests improved liquidity, but the decline in equity raises questions about profitability and long-term sustainability. The company’s focus on a niche market and its curated marketplace model could be key to its future success.
Registered in England/Wales under the registration number 09955461, with a registered address at YO61 3EQ, England, York, Unit 10 Shires Bridge York Road, Easingwold.
WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Owners & PSC
-
Individual
- 9 years
- 6
- 75%+
-
Resident of United Kingdom
Managers
-
Individual
- 10 years
- 4
-
Resident of United Kingdom
Last reports
The latest confirmation statement submitted eleven months ago.
Last news
-
Total exemption full accounts made up to 2024-12-31Download 10 pages pdf report
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Confirmation statement made on 2025-01-17 with no updatesDownload 3 pages pdf report
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Total exemption full accounts made up to 2023-12-31Download 10 pages pdf report
Importer profile by HS codes
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Last imported products
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Exporter profile by HS codes
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Last exported products
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FAQ about Marrkt Limited
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