Peakstart Limited

Peakstart Limited is a small, active company based in London, UK, founded four years ago in April 2020. The company, with just £3,100 in assets and a virtual address shared by 753 other businesses, is led by a single director and owner, Abdullah Muhammed Cagri, who also serves as the solo founder. Operating within the retail sector, Peakstart Limited specializes in selling textiles, offering mail-order and internet sales, and providing information technology services.

The company’s website, Peakstar, is minimalistic, featuring a navigation menu and standard legal disclaimers. It doesn't offer a detailed product catalog or e-commerce functionality, suggesting a more behind-the-scenes operation or a focus on business-to-business sales rather than direct consumer engagement. It’s unclear if the site is actively used for sales or primarily serves as an informational presence.

Financially, Peakstart Limited’s recent performance indicates a company struggling to maintain stability. Current assets have fallen by 26% to £3,100, while net assets have also declined by 1.3% to -£24,000. Cash reserves have plummeted 89% to just £95, and trade debtors have surged by a staggering 3,200% to -£310. Creditors have increased by 93% to £25,000, and bank borrowings have also risen. While the company meets the criteria for a small business (turnover under £10.2 million, assets under £5.1 million, fewer than 50 employees), the significant decline in equity and cash reserves is concerning. The company's accounts are unaudited, and no auditor is mentioned. The company’s description of principal activities is “No description of principal activity.”

Registered in England/Wales under the registration number 12565775, with a registered address at N16 9BS, England, London, 17 Green Lanes.

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