Sift Merchant Company Limited

Sift Merchant Company Limited is a small, active company based in Ipswich, UK, founded seven years ago in 2017. With just £5,117 in assets and a virtual address, it’s a solo founder operation led by a single director and owner, Lenton David Charles. The company operates in the finishing of textiles and retail sale via mail order houses or via the internet.

The company’s website focuses on the merchant payments ecosystem, hosting a conference called MPE. It’s a leading conference in Europe, bringing together industry leaders, speakers, and sponsors. The site highlights networking opportunities, workshops, and a focus on the latest trends in payments, including AI and blockchain. The event seems to be a significant focus for the company, with substantial efforts dedicated to attracting attendees and sponsors.

Financially, Sift Merchant Company Limited presents a mixed picture. Cash bank on hand decreased by 32% to £860, while current assets increased by 45% to £5,100. Debtors rose significantly by 88% to £4,300, and creditors decreased by 34% to £2,400. Equity, however, jumped dramatically by 3600% to £3,900, which is a positive sign. The company meets the criteria for a small business, with turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. The lack of an auditor mentioned suggests it’s likely exempt as a small company.

Overall, Sift Merchant Company Limited appears to be a small but active company focused on its MPE conference. While the financial figures show some volatility, the substantial increase in equity suggests a potential for growth, though it's important to note that the numbers are unaudited.

Registered in England/Wales under the registration number 10987585, with a registered address at IP10 0BF, United Kingdom, Ipswich, 7 Three Rivers Business Park Felixstowe Road, Foxhall.

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