Salkim Uk Ltd

Salkim Uk Ltd is a small, active company based in London, UK, founded three years ago in June 2021. With £31,678 in assets and a virtual address, it’s a lean operation managed by one director and one owner. The company is an irregular importer, primarily dealing in furniture, lighting, and prefabricated buildings, with just one month of import activity recorded as of May 2022.

The company’s website, Salkim Orman rnleri, reveals a much larger operation focused on the production and sale of timber products. The site showcases a wide range of products, including solid panels, timber, and flooring, catering to the construction and furniture industries. It emphasizes sustainable practices and high-quality craftsmanship, with a focus on serving both domestic and international markets. The site is written in Turkish, with some English translations, suggesting a strong connection to Turkey. The website also highlights a separate division specializing in piano restoration, indicating a diverse range of business interests.

Financially, Salkim Uk Ltd presents a mixed picture. Cash reserves increased by a substantial 250% to £3,100, a positive sign. However, creditors significantly decreased, dropping 96% to just £1,300 within the last year, which could indicate difficulties in managing supplier relationships. Net assets plummeted 170% to -£21,000, and net current assets fell 510% to £30,000. Trade creditors also increased by 16% to £1,300. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) means it’s exempt from an audit, and the accounts are unaudited.

Overall, Salkim Uk Ltd seems to be navigating a period of financial strain. While cash flow has improved, the decline in equity and the increase in trade creditors suggest a need for careful financial management. The diverse business interests, ranging from timber products to piano restoration, add complexity to the company’s operations.

Registered in England/Wales under the registration number 13469919, with a registered address at N5 2ER, England, London, Unit 408 Screenworks 22 Highbury Grove.

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