Mabecron Books Limited

Mabecron Books Ltd from Saltash UK is a small, active company founded 28 years ago. With seven employees and £584,351 in assets, it's a family business run by three directors and two owners. The company imports printed materials like books, newspapers, and pictures, though its import activity has been irregular, with just two months of imports recorded as of May 2024. It operates in the retail sale of books in specialised stores.

The company’s website is currently unavailable, so it’s difficult to assess its online presence or e-commerce activities. It seems they focus on a traditional, physical retail model.

Financially, Mabecron Books Ltd shows some encouraging trends. Cash bank on hand has increased significantly by 220%, reaching £32,000. Current assets have also risen by 29%, totaling £580,000. However, creditors have increased as well, growing by 61% to £180,000. Trade debtors have also increased by 25%, reaching £460,000. Net assets liabilities have increased by 26%, totaling £370,000. These figures suggest the company is growing, but also taking on more debt. It’s small, meeting two of three conditions for classification (turnover under £10.2m, assets under £5.1m, and fewer than 50 employees). The company’s financial statements are unaudited, and it is exempt from an audit.

The increase in debtors could be a sign of slower payments from customers, or perhaps a strategic decision to offer more credit. The rise in creditors may indicate increased purchasing to meet demand, or potentially a need to manage cash flow more carefully. The company’s status as a family business could be a strength, fostering loyalty and long-term vision, but it could also present challenges in terms of succession planning and professional management.

Registered in England/Wales under the registration number 03337738, with a registered address at PL12 6RQ, England, Saltash, Cornwall, 3 Briston Orchard, St Mellion.

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