Madwin Ltd

Madwin Ltd is a small, active company based in Woodford Green, UK, founded two years ago in 2022. It’s a solo-founded operation with two directors and one owner, Bosnina Mohamed Ali Boajial, and holds a real registered address. The company operates in several industries, including non-specialised wholesale trade, retail sales via mail order and internet, and buying and selling/operating real estate.

The company’s website, while not actively used, suggests a focus on property investment and management, alongside its broader trading activities. It’s unclear how closely these two sides of the business are linked, but both emphasize British ownership and a diverse range of services.

Financially, Madwin Ltd presents a mixed picture. Current assets have decreased by 150%, while net assets have plummeted 120% to -£6,800. Cash reserves, however, have increased by 98% to £2,200. Loans from directors have dramatically increased by 1,100%, reaching £47,000, and creditors have exploded by 1000%, reaching £47,000. The company meets two of three conditions to be considered small: turnover under £10.2 million, balance sheet total under £5.1 million, and fewer than 50 employees. There's no auditor mentioned, likely due to its small size, and the accounts are unaudited.

The sharp decline in equity and the surge in loans suggest Madwin Ltd is burning through cash, potentially due to investments in property or expansion. The increase in creditors could be a result of delayed payments or increased supplier credit. While the company's diverse business interests offer potential for growth, its financial health needs careful attention.

Registered in England/Wales under the registration number 14400665, with a registered address at IG8 9TB, United Kingdom, Woodford Green, Essex, 89 Montalt Road.

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