Mk Trades Limited

Mk Trades Limited, based in Preston, UK, is a small, active company established seven years ago. With £219,716 in assets and a virtual address shared by ninety-eight other companies, it’s a compact operation managed by two directors and owners. The business primarily imports electrical machinery and equipment, with recent activity recorded three months ago. It also operates in the retail sale of games and toys in specialised stores.

The company's website highlights its focus on property developing and managing services, aiming to make customers’ dream homes a reality. It offers a range of services, from new builds to renovations, and even boasts a showroom in Harrods, London. It’s clear the company is building on a legacy of British craftsmanship and family ownership.

Financially, Mk Trades Limited shows a mixed picture. Cash reserves increased significantly by 110% to £140,000, while creditors decreased by 9.8% to £200,000. Equity, however, saw a substantial jump, increasing by 490% to £140,000. Net current assets improved dramatically, shifting from a liability of -£97,000 to a positive balance of £18,000. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it stay flexible, but the increase in equity suggests a period of growth. No auditor is mentioned, likely due to the company’s exemption as a small business.

Overall, Mk Trades Limited appears to be financially healthy, with improved liquidity and a positive trend in equity. The company’s dual focus on property services and retail, along with its strong online presence, positions it well for continued success.

Registered in England/Wales under the registration number 10915150, with a registered address at PR1 5NY, England, Preston, 47-49 New Hall Lane.

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