Ozkur Ltd

Ozkur Ltd, a small, active company from London, UK, was founded five years ago in June 2019. Despite its active status, the company is currently facing financial challenges, with overdue accounts and confirmation statements. It holds £48,681 in assets and operates from a virtual address, registered at 151 West Green Road, N15 5EA, which is shared by 715 other companies. The company is led by a single director and owner, Kurucuoglu Ozan, who is also the solo founder.

Ozkur Ltd specializes in the retail sale of goods through stalls and markets, as well as mail order and internet sales. Its website showcases a wide array of Turkish delicacies, including dried figs, helva, lokum (Turkish delight), and various nuts and seeds. The site is fully functional, allowing customers to browse products, add items to a cart, and complete purchases—it’s a fully fledged e-commerce operation. It even has a WhatsApp number for customer support.

Financially, Ozkur Ltd’s performance shows some concerning trends. Cash bank on hand decreased by 30%, dropping to £22,000, while total assets less current liabilities fell by 8.4% to £46,000. Trade debtors experienced a significant decline of 49%, indicating potential issues with collecting payments. However, creditors also decreased by 9%, suggesting improved debt management. The company’s small size—meeting two of three criteria for a small company—helps it remain flexible, but the decrease in equity is a point of concern. The company’s unaudited accounts, prepared using VT Final Accounts software, don’t mention an auditor.

Overall, Ozkur Ltd appears to be navigating a period of financial pressure. While its e-commerce platform is active and offers a diverse range of products, the company needs to address the declining cash reserves and manage its debtors more effectively to ensure its long-term viability.

Registered in England/Wales under the registration number 12055058, with a registered address at N15 5EA, England, London, 151 West Green Road.

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