Sk Eco Solutions Ltd

Sk Eco Solutions Ltd, based in Manchester, UK, is a small, active company founded seven years ago in 2017. It employs just one person and holds £1,327 in assets, generating £25,932 in revenue annually. The company operates from a real address and is managed by a single director, with no owners officially registered. It’s an irregular importer, primarily dealing in miscellaneous food products, with its last import activity recorded two months ago.

The company’s activities center around wholesale of perfume and cosmetics, and non-specialised wholesale trade. It’s a small company, meeting two of three conditions: turnover less than £10.2 million, balance sheet total less than £5.1 million, and fewer than 50 employees. While the website is not available, it’s likely the company operates primarily through wholesale channels, rather than direct-to-consumer e-commerce.

Financially, Sk Eco Solutions Ltd is facing some challenges. Cash bank on hand has fallen by 39% to £500, while turnover revenue has dropped by 28% to £26,000. Cost of sales has also decreased significantly, by 61% to £18,000, which could be a positive sign of improved efficiency. However, net assets and liabilities have also decreased by 28% to £3,300. Trade debtors have fallen by 15% to £310. The company’s small size and lack of employees (just one) contribute to its lean operation, but the decline in cash reserves and overall assets suggests potential financial strain. The accounts are unaudited, and there is no auditor mentioned, which is common for small, exempt companies. It’s clear the company is facing some difficulties, but it’s too early to say if it’s burning through money or simply navigating a period of adjustment.

Registered in England/Wales under the registration number 10808082, with a registered address at M40 8AW, England, Manchester, Unit C,, New Street.

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