Zik Range Ltd

Zik Range Ltd from Ilford UK is a small, active company founded four years ago. It’s a solo venture employing just one person and holding £8,356 in assets. With a real address and a single director, it’s a compact operation.

The company’s website reveals a focus on product research and analytics for e-commerce businesses. Zik Analytics promises to help entrepreneurs find winning products, spy on competitors, and boost sales through data-driven insights. It offers unlimited access to product data and encourages users to start a trial, cancelling anytime. The site’s design and messaging clearly target aspiring and established online retailers, suggesting a shift from direct sales to providing tools for others.

Financially, Zik Range Ltd presents a mixed picture. Cash bank on hand has decreased significantly by 68%, dropping to £1,100, while creditors have increased by 19%, reaching £28,000. Equity has also declined by 9.6%, now at -£19,000. However, current assets have seen a positive growth of 58%, rising to £8,400. The company’s small size (meeting two of three criteria for a small company) allows for flexibility, but the declining equity and cash reserves suggest a need for careful financial management. There’s no mention of an auditor, which is typical for small, exempt companies. It seems that the company is burning through cash, possibly due to investments in its analytics platform, but the increase in current assets indicates some success in attracting customers.

Registered in England/Wales under the registration number 12752378, with a registered address at IG6 3SZ, England, Ilford, Office 1259 58 Peregrine Road.

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