Mercarto Ltd

Mercarto Ltd from Manchester UK is a small, active company founded seven years ago. While it boasts £465,020 in assets and has four directors and two owners, it’s facing some financial challenges. Accounts are overdue for three years, and confirmation statements haven’t been filed for a year, which isn’t ideal. The company employs just three people and operates in the retail sale via mail order houses or via internet industries.

Mercarto Ltd’s core business revolves around developing cloud environments and solutions for businesses. Its website highlights four key platforms: KnowledgeKube, Progora, PreSalesAdvisor, and KnowledgeBus. These platforms offer a range of services, from rapid application development and online marketplaces to configure, price, quote systems and IT price benchmarking. They're clearly targeting businesses looking to streamline processes, adopt new technologies, and save money. The company emphasizes its ability to simplify complex processes, drive user adoption, and accelerate deployment—a common theme in the tech industry. It’s all about “working smarter.”

Financially, Mercarto Ltd’s situation is a bit mixed. While cash reserves increased slightly to £360,000, other areas show concerning trends. Accumulated amortisation and depreciation have risen significantly, indicating a large investment in computer software and equipment. Bank borrowings have decreased slightly, but employee numbers have jumped from three to eleven – a substantial increase that could be straining resources. Creditors have also increased, and other taxation social security payable has seen a massive rise. The company’s small size (meeting two of three conditions for a small company) allows for flexibility, but the overall picture suggests it’s burning through cash faster than it’s bringing it in. No auditor is mentioned, so the figures are unaudited. It’s possible the company is investing heavily in growth, but it needs to manage its cash flow carefully to avoid future problems.

Registered in England/Wales under the registration number 10814761, with a registered address at M15 5QJ, England, Manchester, 3 Archway Birley Fields.

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