Onuk Digital Ltd

Onuk Digital Ltd is a small, active company based in London, UK, founded seven years ago in January 2018. The company employs just one person and holds £1,270 in assets, operating from a virtual address shared by 984 other companies. It’s led by one director and one owner, with Mr. Oguz Onuk listed as both. The company’s activities span retail sales via mail order and internet, IT consultancy, and management consultancy (excluding financial management).

The company’s website, however, is currently inaccessible. A message reads: "Account Suspended," indicating a problem with the hosting provider. This makes it impossible to assess the extent of its e-commerce operations or the nature of its online presence.

Financially, Onuk Digital Ltd's latest report paints a concerning picture. While it qualifies as a small company (meeting two of three criteria: turnover under £10.2 million, assets under £5.1 million, and fewer than 100 employees), its financial health is precarious. Cash reserves have plummeted a staggering 99%, falling from £13,000 to a mere £100. Trade debtors have skyrocketed by 1300%, reaching £1,200, which could indicate difficulties collecting payments. Equity has also taken a significant hit, dropping by 190% to -£1,700. On the brighter side, creditors have decreased by 29%, suggesting some improvement in debt management. The company's net assets have fallen by 180% to -£1,600, and net current assets are down 210% to -£3,700.

It’s worth noting that the company's unaudited accounts are exempt from an audit, and the figures rely on director-reported data. The sharp decline in cash and equity, combined with the suspended website, suggests Onuk Digital Ltd is burning through money and facing serious challenges. While the company's small size allows for agility, the current financial trends are unsustainable.

Registered in England/Wales under the registration number 11166271, with a registered address at N8 0RL, England, London, Demsa Accounts 565 Green Lanes, Haringey.

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