Super Optimum Ltd

Super Optimum Ltd, based in Manchester, UK, is a small, active company founded two years ago. It employs just two people and holds a substantial £15,014,295 in assets. The company is led by a single director and owner, Mehmood Malik Tariq, who also serves as the solo founder. It operates from a real address and is classified as an irregular importer, primarily dealing with electrical machinery and equipment – just one month of imports were recorded as of August 2024. The business engages in a diverse range of activities, including non-specialised wholesale trade, retail sales via mail order and internet, and business support services.

The company’s website is currently unavailable, so it’s difficult to assess its e-commerce presence or specific product offerings. It appears to be operating primarily as a business-to-business (B2B) supplier, rather than a direct-to-consumer (D2C) retailer.

Financially, Super Optimum Ltd presents a mixed picture. While current assets have increased dramatically, from £3.2 million to £15 million, bank borrowings have also surged by an incredible 2,400% to £29,000. Creditors have increased significantly, rising from £3.2 million to £14 million, and trade debtors have ballooned by 3,200% to £13 million. Cash reserves have fallen 71% to £52,000. The company’s small size (meeting two of three conditions for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for flexibility, but the sharp increase in debt and decrease in cash raise concerns. The company’s net losses deepened from -£55,000 to -£180,000. The lack of an auditor (likely exempt as a small company) means the figures are unaudited.

The substantial increase in debt, particularly the surge in bank borrowings, suggests that Super Optimum Ltd may be burning through cash faster than it’s generating revenue. It’s possible that the company has invested heavily in inventory or marketing to drive sales, but the lack of cash reserves could create liquidity problems in the future. The significant increase in trade debtors indicates potential difficulties in collecting payments from customers, which could further strain the company’s finances.

Registered in England/Wales under the registration number 14130008, with a registered address at M8 8FQ, England, Manchester, 3b Moulton Street, Off Bury New Road.

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