Mk Global Trading Ltd

Mk Global Trading Ltd, based in Worksop, UK, is a small, active company founded ten years ago in 2015. With eleven employees and £115,204 in assets, it operates from a virtual address – twelve other companies are registered there, which is a little odd. The company is owned by Kubica Pawel and Maca Sylwester, and directed by Maca Sylwester Szczepan and Kubica Pawel. It has a 2.0 Google rating based on just six reviews, which isn’t great.

The company runs an e-commerce site specializing in automotive electrical cables and accessories. The website showcases a wide range of products, from 12V flat cables to battery cables and LED lighting solutions. It seems they cater to both individual customers and businesses, offering bulk discounts and emphasizing quality and reliability. The site is well-organized, with clear product descriptions and easy navigation, suggesting a focus on user experience.

Financially, Mk Global Trading Ltd has experienced some turbulence. Current assets have fallen by a significant 41% to £120,000, and net assets have plummeted 53% to £87,000. Bank borrowings have increased dramatically, by 480% to £15,000, while cash reserves have decreased by 72% to £48,000. On a positive note, trade creditors have decreased by 21%, which could indicate improved debt management. The company meets the criteria to be considered small – turnover under £10.2m, assets under £5.1m, and fewer than 50 employees. There's no mention of an auditor, which is likely due to its small size.

The sharp decline in assets and increased borrowings raises concerns about the company’s financial health. It's possible that the company is investing in growth or facing increased competition, but the trend warrants careful monitoring. The company's regular import of furniture, lighting, and prefabricated buildings (for 20 months) and occasional export of miscellaneous metal items (for 3 months) suggest a diversified approach to business, but the recent financial challenges may require adjustments to its strategy.

Registered in England/Wales under the registration number 09525031, with a registered address at S81 7QF, England, Worksop, Unit 22, Enterprise Business Centre Enterprise House, Carlton Road.

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