Zumrut Ltd

Zumrut Ltd from Cheadle UK: small company, active status, founded 2 years ago, £1,236 assets, virtual address, 2 directors, 1 owner, solo founder. It’s a small business as it met two conditions of three: turnover less than £10.2 million, balance sheet less than £5.1 million, employees less than 50. The company operates in the retail sale via mail order houses or via internet, the business and domestic software development, the other information technology service activities industries. Officially, it has one owner or PSCs, two directors and no number of employees published.

The company’s website, Zmrt Makina Ticaret Ltd., is a Turkish-language e-commerce platform selling industrial machinery and equipment. It appears to be a distributor for brands like Dewalt, Stanley, and Hitachi, offering a wide range of products from power tools to lifting equipment. The site highlights its commitment to customer service, offering corporate accounts and even a blog with tips on equipment maintenance. It seems they are trying to build a brand around reliability and expertise, with a focus on serving industrial clients. They have a showroom in London.

Financially, Zumrut Ltd presents a mixed picture. Current assets have decreased by 9.1% to £1,200, while net assets also fell by 55.0% to £34. Bank borrowings are not mentioned, but cash reserves are a modest £140. Creditors have increased by 14%, suggesting they’re relying on trade credit to keep operations running. The company’s small size and lack of employees (zero reported) keeps overhead low, but the decline in equity is concerning. With no auditor mentioned, the accounts are unaudited.

Overall, Zumrut Ltd seems to be navigating a challenging environment. While its e-commerce platform is active and offers a range of products, the financial data suggest it's burning through money. It's a small operation, and the lack of employees points to a lean structure, but the declining equity raises questions about its long-term sustainability.

Registered in England/Wales under the registration number 14176228, with a registered address at SK8 3GP, England, Cheadle, 203,5300 Lakeside.

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