Maaree Ltd

Maaree Ltd, based in Milton Keynes, UK, is a small, active family business founded eight years ago in 2016. With a real address and two directors and owners, the company employs just one person and holds £127,551 in assets. It regularly imports clothing and accessories (excluding knitted or crocheted items) for six months, with the last import in December 2024, and exports these items irregularly for two months, with the last export in September 2022.

The company operates in the retail sale via mail order houses or via internet, the sports and recreation education industries. Its website, MAAREE, showcases a range of sports bras, leggings, and accessories, emphasizing innovative technology like "Overband Technology" and a commitment to supporting women. The site also features a blog with advice on bra fitting and a podcast, highlighting a focus on customer education and community building. There’s also a section dedicated to awards and a 12-month guarantee, reinforcing a quality-focused brand.

Financially, Maaree Ltd presents a mixed picture. Current assets have decreased significantly by 38% to £130,000, and net assets have plummeted 920% to -£59,000. Bank borrowings have also increased, with overdrafts up 6.2% and non-financial instruments up 2.6%. However, creditors have decreased by 19%, suggesting improved debt management. The company’s small size (meeting two of three criteria for a small company) allows for agility, but the substantial equity decline raises concerns. With no auditor mentioned, the financial statements are unaudited.

It seems like the company is burning through money, likely due to investments in its website and marketing efforts. Whether it can sustain this level of spending while growing its customer base remains to be seen.

Registered in England/Wales under the registration number 10301471, with a registered address at MK8 8DA, England, Milton Keynes, United Kingdom, 1 Clarendon Drive, Wymbush.

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