Shik Limited

Shik Ltd from Edinburgh UK: small company, active status, founded 9 years ago, confirmation overdue 9 months, 3 employees, £31,215 assets, real address, no directors, 1 owner. It’s a small company as it met two conditions of three: turnover less than £10.2 million, balance sheet less than £5.1 million, employees less than 50. The last reported current assets is £31,215. Shik Limited is a private limited company registered in Scotland with the registration number SC508157. The company was founded nine years ago on June 11, 2015, and registered at EH32 9FG, Scotland, Edinburgh, 6 Glengarry Terrace. Its status is active. The company operates in the retail sale via mail order houses or via internet industries. Officially, it has one owner or PSCs, zero directors, and three employees.

While Shik Ltd’s website is currently unavailable, the company's activities appear to center around online retail. The lack of a functional website makes it difficult to ascertain the specifics of their product offerings or target market. However, the company operates in the retail sale via mail order houses or via internet industries. This suggests a focus on e-commerce, likely selling goods directly to consumers through an online platform. It's possible the website is undergoing maintenance or has been temporarily taken offline, or perhaps the company relies solely on other sales channels.

Financially, Shik Ltd presents a mixed picture. Current assets have increased by 88% to £31,000, which is good news, but creditors have also risen significantly by 110% to £29,000. This suggests the company is taking on more debt, possibly to support its operations or expand its inventory. Bank borrowings have also increased, though the specific amount isn’t clear. Cash reserves remain at a modest £2,200, a decrease of 15% from the previous year. 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 agile, but the increase in creditors raises questions about its ability to manage its short-term liabilities. With no auditor mentioned, the figures rely on unaudited statements. It’s likely that the company is experiencing some growing pains, needing to carefully manage its finances to ensure long-term sustainability.

Registered in Scotland under the registration number SC508157, with a registered address at EH32 9FG, Scotland, Edinburgh, 6 Glengarry Terrace.

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