Mb Goodboy Ltd

Mb Goodboy Ltd is a small, holding company based in Tonbridge, UK, with an active trading status. Founded five years ago in July 2019, it employs seven people and holds £4,576,737 in assets. The company, which has three directors and one owner, operates from a real address and is a regular importer and exporter of furniture, lighting, and prefabricated buildings—52 months of imports and 5 months of exports recorded.

The company’s website is non-existent, which makes it difficult to determine if it operates an e-commerce platform. It appears to be primarily involved in wholesale trade, acting as a link between manufacturers and retailers. The company’s focus on importing and exporting suggests a logistical role, rather than direct consumer sales.

Financially, Mb Goodboy Ltd presents a mixed picture. Cash reserves have increased significantly, jumping 310% to £2,100,000, while bank borrowings have also risen sharply by 130%, reaching £3,500,000. Creditors have also increased, but the company's current assets have also seen a substantial rise of 130% to £4,600,000. While the company’s net losses deepened to -£23,000, the increase in cash reserves suggests a recent influx of funds, perhaps from a business combination or investment. The number of employees has increased by 86%, which could be a sign of growth, but also a potential strain on resources. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for flexibility, but the increase in debt raises questions about its long-term sustainability. The company’s accounts are unaudited, and no auditor is mentioned.

In conclusion, Mb Goodboy Ltd is a growing company facing financial challenges. The increase in debt and losses is concerning, but the rise in cash reserves and employee count suggest recent success.

Registered in England/Wales under the registration number 12106537, with a registered address at TN12 6EN, England, Tonbridge, Kent, Suite A 15 Commercial Road, Paddock Wood.

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