Skmei Tech Ltd

Skmei Tech Ltd is a small, active company based in Barking, UK, founded six years ago in May 2018. The company holds £29,590 in assets and operates from a real address at 41 Harpour Road, IG11 8RJ. It’s a tight-knit operation, managed by one director and owner, Ahmed Juned. The company’s primary focus is retail sales via mail order houses or via the internet.

Shenzhen Skmei Technology Co., Ltd., the parent company, is a larger operation based in Guangdong, China, established in 2016. It manufactures a wide range of digital, quartz, and mechanical watches, including the LIEBIG brand for the Middle East, Africa, Russia, Southeast Asia, and South America. The Chinese operation employs over 500 workers in its factory and 200 staff in its office, offering ODM and OEM services with a monthly production capacity of 2.5 million watches. They boast over 3,000 SKUs, catering to various styles from sport to luxury.

Financially, Skmei Tech Ltd shows a mixed picture. Current assets have slightly increased to £30,000, while net assets have decreased to -£2,500. Bank borrowings remain steady at £34,000, and cash reserves have increased slightly to £6,500. Creditors have decreased to £34,000, and there’s a significant decrease in other creditors. 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 nimble, but the negative equity suggests it's burning through cash. The accounts are unaudited, relying on director-reported data, and no auditor is mentioned.

Registered in England/Wales under the registration number 11374039, with a registered address at IG11 8RJ, England, Barking, 41 Harpour Road.

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