Grand Melina Limited

Grand Melina Limited is a small, active company based in London, UK, founded sixteen years ago in 2009. It holds £2,620 in assets and operates from a real address at 18 Canberra Road, SE7 7BA. With two directors and one owner, the company is a modest operation. It’s a small company as it met two conditions of three: turnover less than £10.2 million, balance sheet less than £5.1 million, and employees less than 50.

The company specializes in retail sales via stalls and markets, as well as mail order and internet industries. There's no website to analyze, so it’s difficult to determine the extent of its online presence. It's likely a more traditional retail operation, relying on physical locations and direct sales.

Financially, Grand Melina Limited is facing challenges. Current assets have decreased by 33%, dropping to £2,600. Net assets have also declined, falling 7.6% to £3,800. Operating profit loss has dramatically increased, shifting from -£26 to -£320—a significant downturn. Cash bank on hand has also decreased by 34%, falling to £2,400. While administrative expenses have risen 120%, it's unclear whether this is due to increased marketing efforts or other operational costs. The lack of employees (zero reported) suggests a lean operation, but the losses raise concerns about its long-term viability. The company's small size exempts it from an audit, so the figures are unaudited.

The sharp decline in profits and cash reserves suggests that Grand Melina Limited is burning through money. It’s possible that increased competition, rising costs, or a slowdown in sales are contributing to these challenges. The single owner structure could also mean that the company is heavily reliant on the owner's personal investment and expertise.

Registered in England/Wales under the registration number 06787227, with a registered address at SE7 7BA, London, 18 Canberra Road.

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