Znka Trading Ltd

Znka Trading Ltd, based in Stockport, UK, is a small, family-run business with an active status. Founded five years ago in 2020, the company employs just three people and holds £37,543 in assets. It’s a tight-knit operation with four directors and three owners at the helm, boasting a stellar 5.0 Google rating from three reviews. The company regularly imports clothing and accessories, not knitted or crocheted, with just two months of import activity recorded, the latest in June 2022.

The company’s website, Znka Packaging, positions itself as a provider of packaging solutions, specializing in food packaging. From chicken boxes and salad bowls to cups and cutlery, it caters to food businesses. The site emphasizes sustainability, offering products made from renewable materials and certified compostable options. It also provides services like premium quality packaging, eco-friendly solutions, and 24/7 support. The website highlights its commitment to customer satisfaction and innovation in packaging design.

Financially, Znka Trading Ltd presents a mixed picture. While current assets increased by 39% to £38,000, net assets decreased by 30% to -£100,000, a significant drop. Bank borrowings decreased by 10% to £16,000, and cash reserves increased by a remarkable 350% to £1,500. Creditors, however, rose by 25%, and trade debtors increased by 620%. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it stay agile, but the equity decline raises questions. With no auditor mentioned (likely exempt as a small company), the figures rely on unaudited statements.

The sharp increase in trade debtors suggests potential difficulties in collecting payments, which could be a concern. The company is clearly working hard to build its brand and attract customers, but the financial numbers indicate it’s still navigating early-stage challenges. It’s likely the business is reinvesting heavily in growth, but the long-term sustainability of this strategy remains to be seen.

Registered in England/Wales under the registration number 12457547, with a registered address at SK3 0BZ, England, Stockport, Cml Associate House, 17 A, Brinksway.

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