Macrigi Ltd

Macrigi Ltd, based in Stoke-On-Trent, UK, is a small, active company founded nine years ago. Employing just two people, it holds £80,109 in assets and operates from a real address. With one director and owner, the company runs an e-commerce site and currently enjoys a stellar 5.0 Google rating from 59 reviews.

The company’s website, Macrigi Marketplace, positions itself as an international marketplace for SMEs, offering free shipping on orders over £169. It sells a wide range of products, from Italian food and beverages (including wine, beer, and coffee) to clothing, accessories, and wellness items. The site caters to both consumers and businesses, with options for wholesale pricing and partner restaurants. The website also highlights a "Take Away" service and offers various promotional offers, including dinner, food and beverage, VIP, and coupon deals. It seems to be a quite busy site.

Financially, Macrigi Ltd’s numbers paint a mixed picture. Accumulated depreciation for plant machinery increased by 33%, while vehicles saw a larger jump of 71%. However, cash bank on hand plummeted 77% to £2,200. Creditors rose significantly, increasing by 38% to £640,000, and bank overdrafts remained steady. The company's net assets are negative, at -£560,000, and net current assets are also negative at -£560,000. Interestingly, other debtors went from positive to negative, a decrease of 100%. It’s a small company, meeting two of three criteria for being small (turnover less than £10.2m, balance sheet total less than £5.1m, fewer than 49 employees). The company's accounting standards applied are FRS 102, and the accounts are unaudited.

The company's website suggests a focus on international trade and a diverse product range, but the financial data reveals a challenging situation. The sharp decline in cash reserves and the increase in creditors raise concerns about the company’s financial health, though the company’s small size allows it to be agile.

Registered in England/Wales under the registration number 09787379, with a registered address at ST6 5EG, England, Stoke-On-Trent, Tunstall, 207 High Street.

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