M & M Products Limited

M & M Products Limited is a small, holding company based in Watford, UK, with an active status. Founded 35 years ago in April 1990, the company holds £83,629 in assets and operates from a real address in Watford Metro Centre. It’s managed by two directors and has one owner, and it runs an e-commerce site.

The company specializes in the wholesale of perfume and cosmetics, as well as retail sales via mail order and internet industries. It’s a relatively small operation, meeting two of three conditions to be considered small: turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. The company’s website, while not providing detailed product listings, highlights its focus on wholesale and retail distribution.

Financially, M & M Products Limited’s recent performance presents a mixed picture. Cash reserves have seen a dramatic increase, jumping 17,000% to £18,000, a very positive sign. However, net assets have fallen significantly, dropping to -£62,000, largely due to increased creditors which have risen to £190,000. Trade debtors have also increased, reaching £6,600. Despite these challenges, the company’s bank borrowings remain relatively low. The company’s accounts are unaudited and exempt from an audit, as is typical for small companies.

The recent changes to both the director and owner lists, happening three months and one year ago respectively, could indicate a period of transition or restructuring. While the company’s financial situation appears precarious, the surge in cash reserves suggests a recent influx of funds, potentially from sales or investment. It's clear that the company is facing some financial strain, but the e-commerce presence and wholesale operations suggest a continued focus on growth and market presence.

Registered in England/Wales under the registration number 02492464, with a registered address at WD18 9SB, Watford, Hertfordshire, Unit 13 Dwight Road, Watford Metro Centre.

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