Corporate Supplies (mcr) Ltd

Corporate Supplies (Mcr) Ltd is a small, active company registered in London, UK. Founded five years ago in January 2020, it operates with two employees and holds £124,967 in assets. The company's registered address is a virtual one, shared by over a thousand other businesses, which is a bit unusual. It’s managed by one director, Jawad Maryam, and owned by Karim Saima, though the ownership list was updated a year ago and may not be exhaustive.

The company specializes in retail sales through mail order and internet channels. Its website showcases a broad range of products and services, from office furniture and workwear to facilities supplies and even bespoke storage solutions. City Office Supplies, as it's also known, has been around for over 40 years, evolving from a traditional stationer into a comprehensive workplace procurement provider. They even offer space planning and bespoke furniture design services, catering to businesses of all sizes. The website highlights a focus on customer service and competitive pricing, with a large online store boasting over 20,000 products.

Financially, Corporate Supplies (Mcr) Ltd presents a mixed picture. Current assets have fallen by 15% to £120,000, and net assets are in the negative, sitting at -£37,000. Cash reserves have also declined significantly, dropping 51% to £29,000. Bank borrowings, however, have remained steady at £2,800. Trade creditors have increased, with £150,000 owed within the last year, and £130,000 owed in total. The company’s size—meeting two of three criteria for a small company—helps it stay nimble, but the drop in equity and negative net assets suggest some financial pressure. The company’s accounts are unaudited and prepared under FRS 102. It’s worth noting that the company’s description of principal activities is missing from the report.

Registered in England/Wales under the registration number 12409415, with a registered address at W1B 3HH, England, London, 3rd Floor Suite, 207 Regent Street.

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