Mad Product Ltd

Mad Product Ltd is a small, active company based in Leeds, UK, founded five years ago in March 2020. It employs just three people and holds £1,947,902 in assets, operating from a virtual address shared by twenty other companies. With three directors and owners, the company is primarily a regular importer of paper and paperboard products—a consistent activity spanning 68 months, with the most recent import in February 2025. It also occasionally exports toys, games, and sports equipment, with just one month of export activity recorded in October 1992.

The company's website highlights its focus on sustainability and private label manufacturing for retailers. It positions itself as a dynamic and fun-loving team, emphasizing innovation and a "MAD" approach to business. It offers private label ranges, focusing on volume and grocery markets, with factory partners undergoing ethical and technical audits. The site also mentions a sustainable crusade and offers a range of services, from design to manufacturing.

Financially, Mad Product Ltd presents a mixed picture. While current assets have increased significantly to £1,900,000, net assets have declined to £61,000. Cash bank on hand has dropped dramatically to £460, from £28,000, and trade debtors have increased substantially to £810,000. Creditors have also risen sharply, reaching £580,000. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for flexibility, but the drop in equity and increase in debt suggests it’s burning through cash. There’s no auditor mentioned, likely due to its small size, so the figures are unaudited.

The company’s focus on private label manufacturing and sustainability seems promising, but the financial data indicates it’s facing challenges. Whether it can maintain its growth trajectory and manage its increasing debt remains to be seen.

Registered in England/Wales under the registration number 12535243, with a registered address at LS2 7HZ, England, Leeds, The Leeming Building, Ludgate Hill.

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