Zgonic Uk Ltd

Zgonic Uk Ltd, based in Grays, UK, is a small holding company with an active status, established eight years ago in July 2016. The company employs just two people and holds assets valued at £1,238,170. It operates from a real address and is overseen by three directors and one owner. Zgonic Uk Ltd regularly imports electrical machinery and equipment (5 months of activity), and occasionally exports miscellaneous metal items (1 month).

The company's website, Zgonic Optimal Performance, focuses on workspace technology, specifically monitor arms and docking stations. It positions itself as a leader in this niche, offering customizable solutions for homes and offices. The site emphasizes performance, design, and cost savings, and even offers extended warranties and installation services. Products are sold directly to customers through the website, and the company also works with corporate clients.

Financially, Zgonic Uk Ltd presents a mixed picture. While cash reserves decreased by 17% to £240,000, creditors remained steady at £1.5 million. Trade debtors experienced a significant drop, falling 47% to £54,000, which could indicate improved collections or reduced sales on credit. Equity also declined, showing a 5% loss to -£220,000. Despite meeting two of the three criteria for a small company (turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees), the decrease in equity and cash warrants attention. The unaudited financial statements, prepared with CCH software, don't mention an auditor. The company’s reliance on retained earnings and accumulated losses suggests it's burning through cash, but the steady creditor levels indicate it’s managing its debt obligations.

Registered in England/Wales under the registration number 10262603, with a registered address at RM16 3HU, England, Grays, Essex, Unit 9 Ongar Hall Farm Estate Brentwood Road, A128, Orsett.

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