Miktell Ltd

Miktell Ltd from Marlow UK: a small, active company founded 12 years ago, employs two people, and holds £110,940 in assets. It operates from a virtual address, managed by two directors and two owners. The company regularly imports and exports optical and medical tools and devices – 15 months of imports and 32 months of exports.

The company's website is not available, so it’s difficult to determine if it’s an e-commerce operation. However, the company operates in the wholesale of other machinery and equipment industries.

Financially, Miktell Ltd presents a mixed picture. Current assets have decreased by 32%, falling to £110,000, while bank borrowings have increased significantly. Creditors have also decreased, suggesting improved debt management. The company’s small size—meeting two of three conditions for being classified as small—helps it maintain agility. Cash reserves have also fallen, but the company’s equity has decreased by 18%. The lack of an auditor mentioned suggests it’s exempt as a small company, and the figures are unaudited.

The company’s net current assets liabilities have also decreased. It’s difficult to say whether this is a sign of financial strain or a natural fluctuation. The company’s trade debtors have decreased, which could be a positive sign, but the decrease in cash reserves is a cause for concern.

Registered in England/Wales under the registration number 08293762, with a registered address at SL7 3HN, Marlow, 19-21 Chapel Street.

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