Umay Consultancy And Trade Ltd

Umay Consultancy And Trade Ltd is a small, active company registered in London, UK, founded three years ago in May 2021. It operates with a virtual address, a single director and owner (solo founder Polatdemir Erdogan Can), and just one employee. The company holds £2,013 in assets. It’s a tight-knit operation, and the company’s status is active.

The company's website, while not providing detailed information, suggests a diverse range of activities. It operates in non-specialised wholesale trade, retail sales via mail order and internet, management consultancy, and other service activities. It’s not clear if the company has an e-commerce presence, but it’s likely that it leverages online channels to reach customers.

Financially, Umay Consultancy And Trade Ltd is showing some concerning trends. Current assets have fallen significantly by 64% to just £2,000, while net assets have plummeted 99% to a mere £29. Bank borrowings have increased, and cash reserves have dwindled. Trade debtors have also decreased, indicating potential issues with customer payments. The company’s small size (meeting two of three conditions for a small company) means it’s exempt from an audit, so the figures are unaudited.

Despite these challenges, the company’s lean structure and diverse service offerings could provide resilience. However, the sharp decline in equity suggests that it’s burning through money, and the lack of a clear revenue stream is a cause for concern. It's possible that the company is in a transitional phase, but it needs to address its financial issues to ensure its long-term viability.

Registered in England/Wales under the registration number 13426987, with a registered address at N15 5EA, England, London, 151 West Green Road.

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