Maco Trading Ltd
- Small
- Active
- 3 years
- £12,342 (assets)
- Real address
- 2 directors
- 2 owners
- Rating 5.0 (3)
Two conditions of three:
1.Turnover < £10.2 million
2.Balance sheet total < £5.1 million
3.Average number of employees < 50
Field of Operation
Website
Phones
Summary
Maco Trading Ltd, based in Ongar, UK, is a small, active company founded three years ago. It boasts £12,342 in assets, a real address, and is managed by two directors and owners, enjoying a perfect 5.0 Google rating from three reviews. The company operates in the retail sale via mail order houses or via internet industries.
The company’s website reveals a much larger operation focused on providing liquidity to global derivatives markets. It's not a simple e-commerce site; instead, it's a sophisticated trading firm with a long history—dating back to 1999—and a global presence, with offices in London, Dublin, Amsterdam, Singapore, Sydney, Brisbane, and Chengdu. The site emphasizes its technology, culture, and commitment to philanthropy, highlighting a team of "data-driven market makers, technologists, problem solvers, collaborators, innovators, engineers, and analysts." It's a far cry from the small, UK-based entity suggested by its registration details.
Financially, Maco Trading Ltd presents a mixed picture. Current assets have fallen by a significant 43%, dropping to £12,000, while net assets have plummeted 96% to just -£61. Bank borrowings have also decreased, but cash reserves have fallen dramatically. Creditors have decreased, which is a positive sign, but the sharp decline in equity is concerning. The company meets the criteria for a small company, with turnover under £10.2m, assets under £5.1m, and fewer than 50 employees. The lack of an auditor mentioned—likely due to its small size—means the figures are unaudited.
It appears that while the core UK entity remains small, it's part of a much larger, internationally-focused trading operation. The financial strain on the UK entity could be a result of its role within this larger group, perhaps absorbing costs or supporting expansion efforts. It’s hard to say for sure, but the disconnect between the small UK registration and the global trading activities is striking.
Registered in England/Wales under the registration number 14031958, with a registered address at CM5 9RB, United Kingdom, Ongar, Essex, Unit-15 Hallsford Bridge Industrial Estate, Ongar Road.
WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Owners & PSC
-
Individual
- Ahmed Roshid
- 3 years
- 25%+
-
Resident of United Kingdom
-
Individual
- Jewel Muhammad
- 3 years
- 1
- 25%+
-
Resident of United Kingdom
Managers
-
Individual
- Jewel Muhammad
- 3 years
- 1
-
Resident of United Kingdom
-
Individual
- Ahmed Roshid
- 3 years
- 1
-
Resident of United Kingdom
Last reports
The latest confirmation statement submitted eleven months ago.
Last news
-
Total exemption full accounts made up to 2024-03-31Download 4 pages pdf report
-
Previous accounting period extended from 2024-03-30 to 2024-03-31Download 1 page pdf report
-
Total exemption full accounts made up to 2023-03-31Download 4 pages pdf report
FAQ about Maco Trading Ltd
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