Zenkki Ltd

Zenkki Ltd from Guildford UK: a small, active company founded four years ago, employs one person, and holds £12,140 in assets. It’s a real address with two directors and one owner, running an e-commerce site. The company operates in the retail sale via mail order houses or via internet industries.

The website, Zenkki Furniture Rental, offers a unique service: renting furniture for homes, offices, and events. They provide sets for living, dining, and bedrooms, as well as individual pieces like sofas, desks, and lamps. Beyond standard rentals, they cater to businesses, offering furniture for coworking spaces, home staging, and even build-to-rent properties. The site emphasizes circularity and sustainability, offering “Zenkki certified furniture” and promoting a subscription model—allowing customers to swap furniture as their needs change. They also provide business services like interior design and 3D design, and even offer external artwork and decor boxes. It's a full-service operation, from delivery and setup to collection and renewal.

Financially, Zenkki Ltd shows some worrying trends. Accumulated depreciation has increased dramatically, with computer equipment up 7,000% and furniture fittings up 100%. Cash bank on hand has increased significantly, however, jumping from £280 to £13,000. Creditors are down, but the company owes a significant amount to its directors—£59,727—with a ten-year loan. Net assets are down, though, plummeting 90% to just £1,300. Current assets have improved, however, increasing by 4500%. It's a small company, meeting two of three criteria for small business status, and the lack of an auditor suggests unaudited accounts.

While the website presents a promising, innovative business model, the financial data suggests Zenkki Ltd is burning through cash. The increase in debt to directors and the decrease in equity raise concerns about its long-term viability.

Registered in England/Wales under the registration number 12962059, with a registered address at GU2 8FT, England, Guildford, Surrey, 6 Midleton Enterprise Park, Midleton Road.

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