Mafco Trading Limited

Mafco Trading Limited is a small, active company based in London, UK, founded two years ago in April 2023. It’s a solo-founder operation with one director and owner, Azad Abm Kamrul Huda, and holds a real registered address. The company is a regular importer, specializing in fish and seafood, including shellfish and other water creatures, with three months of import activity recorded as of November 1, 2024. Its business operates in the wholesale of other food, including fish, crustaceans and molluscs industries.

The company’s website is currently unavailable, so it’s difficult to ascertain whether it operates an e-commerce platform or relies solely on wholesale distribution. Without a website to analyze, it's impossible to determine the extent of its online presence or customer interaction.

Financially, Mafco Trading Limited presents a mixed picture. Current assets are at £41, and cash bank on hand is also £41. However, net assets are at a negative £1,200, indicating accumulated losses. Bank borrowings are £880, and creditors are £1,300. The company's small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it remain agile, but the negative equity raises concerns. The accounts are described as "filleted accounts," meaning they are exempt from a full audit. No auditor is mentioned.

The company's financial statements are prepared on a going concern basis, and the directors believe the company has adequate resources to continue operating. However, the negative equity and reliance on bank borrowings suggest a need for careful financial management. It’s likely that the company is burning through cash, and its long-term viability depends on securing new business and managing its expenses effectively.

Registered in England/Wales under the registration number 14793963, with a registered address at NW8 8PX, United Kingdom, London, Flat 5, Loddon House, Church Street Estate.

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