Mekik Ltd

Mekik Ltd from Enfield UK: a small, active company founded four years ago, employs eleven people, and holds £135,691 in assets. It's a solo founder operation with one director and owner, Karakurt Resit. The company regularly imports paper and paperboard products, with eight months of import activity recorded, the last in January 2025. Operating within the "other service activities n.e.c." industries, it’s a private limited company registered in England/Wales.

The company’s website is currently unavailable, making it difficult to determine the specifics of its operations beyond its import activities. It’s unclear whether Mekik Ltd operates an e-commerce site or primarily functions as a wholesale supplier.

Financially, Mekik Ltd presents a mixed picture. While net assets increased by 38% to £29,000, current assets jumped a staggering 200% to £140,000. However, net current assets liabilities worsened, falling by 52% to -£24,000. Trade debtors also improved significantly, rising by -180% to £3,400. The company's small size (meeting two of three conditions for being classified as small) helps it remain agile. Creditors, however, increased by 70% to £160,000, and bank borrowings also increased. The company’s tax liability increased dramatically, rising by -11000.0% to £18,000. With no auditor mentioned, the figures are unaudited.

The sharp increase in current assets, coupled with the rise in creditors, suggests the company may be experiencing rapid growth, but also potentially burning through cash to fuel that expansion. The increase in inventory by 890% to £85,000 also indicates a significant investment in stock. Whether this is a sustainable strategy remains to be seen, but for now, Mekik Ltd appears to be actively pursuing growth opportunities.

Registered in England/Wales under the registration number 13253677, with a registered address at EN3 4HB, England, Enfield, 254 High Street.

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