Maruk Ltd

Maruk Ltd from Luton UK: a small, active company founded five years ago, operates from a virtual address and is led by a solo founder. It’s a private limited company with one director and owner, and features an e-commerce site. The company irregularly imports cereal and milk-based food products, with just two months of import activity recorded as of November 2020.

The company’s primary activity appears to be “other service activities n.e.c.”, but it’s unclear what services it provides. The virtual address, shared by fourteen other companies, suggests a cost-saving measure, but also raises questions about its physical presence. The website, while not detailed, indicates a focus on e-commerce, though its specific offerings are not immediately apparent.

Financially, Maruk Ltd is showing some concerning trends. While it meets the criteria for a small company (turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees), its equity has declined significantly, from -£3,400 to -£2,500. Cash on hand has increased slightly to £150, which is good, but bank borrowings are not mentioned. Creditors have decreased slightly, which is positive, but overall, the company appears to be burning through cash. The accounts are described as “filleted accounts” and are unaudited, so the numbers should be viewed with caution.

It's clear that Maruk Ltd is facing challenges, but its small size and e-commerce focus could allow it to adapt. The lack of detail about its core business makes it difficult to assess its long-term prospects, but the financial data suggests that it needs to improve its cash flow.

Registered in England/Wales under the registration number 12246166, with a registered address at LU1 2DW, Luton, 23-27 King Street.

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