Madfun Limited

Madfun Ltd from London UK: a small, active company founded 18 years ago, employs nine people, and holds £744,305 in assets. It operates from a virtual address—fifty-one companies share the same location—and is run by four directors and two owners. A family business, Madfun Ltd runs an e-commerce site and boasts a Google rating of 3.0 based on 24 reviews, regularly importing toys, games, and sports equipment for 31 months.

The company's website, Madfun, is a one-stop shop for outdoor fun, offering a wide range of trampolines, swimming pools, and sports equipment. It’s clear they’re focused on retail, with brands like Akrobat, BERG, JumpPRO, and Springfree prominently featured. The site emphasizes award-winning customer service and offers flexible payment options like “Buy Now, Pay Monthly.” They even have a section for Easter sales, which is a nice touch.

Financially, Madfun Ltd presents a mixed picture. Current assets increased by 12% to £740,000, while net assets grew by 30% to £550,000—a positive sign. However, bank borrowings remained steady at £29,000, and cash reserves dropped 20% to £31,000. Trade debtors increased by 170%, which could indicate delayed payments or a strategy to offer more credit. 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 agility, but the increase in debtors warrants attention. With no auditor mentioned (likely exempt as a small company), the figures are unaudited.

Overall, Madfun Ltd seems to be navigating the market well, capitalizing on the demand for outdoor recreational products. However, keeping a close eye on debtor management and maintaining healthy cash flow will be crucial for continued success.

Registered in England/Wales under the registration number 05987974, with a registered address at SE26 5BN, London, A3 Broomsleigh Business Park, Worsley Bridge Road.

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