M & T Supermarket Limited

M & T Supermarket Limited, based in Walsall, UK, is a small, active company established fifteen years ago in 2009. Employing ten people and holding £439,030 in assets, it operates from a real address and is managed by three directors and two owners. A 4.0 Google rating from 903 reviews suggests a positive customer experience, although it’s an irregular importer, with its top import category being Oil seeds and fruits used for oil, totaling 1 months of imports, the last operation conducted on January 01, 2020. The company operates in the retail sale in non-specialised stores with food, beverages or tobacco predominating industries.

The company’s website currently reads "MT Supermarket is under construction Something really cool is coming! We've been working on something really exciting and can't wait to show you! We're just adding some last minute touches and should be live very soon..." indicating a planned shift towards an online presence, though the current operations remain offline.

Financially, M & T Supermarket Limited presents a mixed picture. While cash bank on hand increased significantly by 110% to £91,000, creditors have increased substantially by 100% to £280,000 within a year. Trade debtors have fallen dramatically, dropping 100% to zero, which might indicate a change in credit policy or a focus on cash sales. Net assets have increased by 8% to £370,000, but bank borrowings have decreased by 22% to £190,000. The company meets the criteria to be classified as small, with turnover under £10.2m, assets under £5.1m, and fewer than 50 employees. The accounts are unaudited, which is common for small companies.

Despite the positive Google rating, the significant increase in creditors and the drop in trade debtors suggest the company might be burning through cash to maintain operations. The upcoming website launch could be an attempt to boost sales and improve financial stability, but it remains to be seen if it will be enough to offset the current pressures. The lack of a named auditor, typical for a small company, means the financial picture relies entirely on director-reported data.

Registered in England/Wales under the registration number 06930388, with a registered address at WS1 3RF, Walsall, West Midlands, 147-157 Caldmore Road.

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