S N Micro Limited

S N Micro Limited, based in London, UK, is a small, active company founded seven years ago in June 2017. It holds £5,971,713 in assets and operates from a real address in Hackney. The company is led by a single director and owner, Gajia Suleman Faridulhaq, who also acts as the solo founder. It’s a tight-knit operation, with no number of employees reported.

The company primarily imports electrical machinery and equipment, with 11 months of import activity recorded, the latest in October 2023. It has dabbled in exporting, but only for two months, with no specific category listed, the last export operation dating back to October 2018. S N Micro Limited operates in the other telecommunications activities, business and domestic software development, and other information technology service activities industries.

Financially, S N Micro Limited shows a mixed picture. Current assets have increased significantly, jumping 54% to £6 million, while equity has also risen 11% to £98,000. However, creditors have also increased substantially, rising 55% to £5.9 million, and other creditors have ballooned by a staggering 180% to £310,000. Tax payable has also risen, increasing by 79% to £38,000. Cash bank on hand has decreased by 2.4% to £49,000. 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. The accounts are unaudited, and no auditor is mentioned, which is typical for small companies.

The increase in creditors and other creditors, alongside the decrease in cash, suggests the company is relying more on borrowed funds or extended payment terms to maintain operations. Whether this is a short-term strategy or a longer-term challenge remains to be seen, but for now, S N Micro Limited is navigating the complexities of growth and financial management.

Registered in England/Wales under the registration number 10811157, with a registered address at E5 8ES, England, London, Unit A Maltings Court Rossendale Street, Hackney.

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