Merkez Meat Ltd

Merkez Meat Ltd, based in London, UK, is a small, active company founded just three years ago in 2021. With 10 employees and £36,994 in assets, it operates from a real address and is led by a single director and owner – a solo founder. The company enjoys a perfect 5.0 Google rating based on two reviews, and is a regular importer of meat and edible meat offal, with 18 months of import activity recorded, the latest in August 2023.

The company’s website, Merkez Meat, focuses on wholesale meat distribution. It positions itself as a provider of first-class quality meat, catering to both small and large orders. The site highlights customized packages to satisfy individual customer needs, and offers a range of Halal chicken, lamb, and other meat products. It also features an online ordering system, contact information, and a brief “About Us” section, all built using Wix.com.

Financially, Merkez Meat Ltd presents a mixed picture. Cash bank on hand has fallen significantly by 64%, dropping to £15,000, while current assets have also decreased by 48% to £37,000. However, equity has seen a substantial increase of 85%, reaching £67,000, and creditors have plummeted by 97% to just £1400. The company meets two of three criteria to be considered small (turnover under £10.2m, assets under £5.1m, and fewer than 50 employees), which allows it to operate with simplified reporting requirements. No auditor is mentioned, as the company is exempt.

Overall, Merkez Meat Ltd seems to be navigating a period of change. While cash reserves have shrunk, the significant increase in equity suggests a positive trend. The decrease in creditors is a good sign, but the company will need to manage its cash flow carefully to sustain its growth and meet its obligations.

Registered in England/Wales under the registration number 13419363, with a registered address at N17 8JA, England, London, Unit 11-12 Frontier Works 33 Queen Street.

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