Mai Trade Ltd

Mai Trade Ltd, based in London, UK, is a small, active company founded five years ago. It operates from a virtual address, managed by one director and one owner, and currently holds a Google rating of 4.0 based on four reviews. The company meets the criteria for a small business, having turnover under £10.2 million, balance sheet total under £5.1 million, and fewer than 50 employees.

Mai Trade Ltd's website reveals a diverse range of services, primarily focused on building services in Oxfordshire and Reading. It operates as a contractor, offering plumbing, heating, electrical, and cleaning services, as well as letting agent and waste removal services. The company's website highlights a commitment to local, experienced tradesmen and offers a seamless client experience, including budgeting, onsite organization, and expert communication. It's clear they're aiming for a broad customer base, offering services from simple home repairs to large-scale construction projects. The site also features a blog and cookie policy, indicating a modern approach to online presence.

Financially, Mai Trade Ltd presents a mixed picture. While cash reserves increased significantly by 1300% to £2,600, creditors have skyrocketed by 4900% to £560,000. This dramatic increase in liabilities, alongside a decrease in net assets to -£30,000, suggests the company may be relying heavily on credit to fund its operations. Property, plant, and equipment remains steady at £530,000, indicating a consistent investment in its infrastructure. The company's retained earnings have also declined by 350%, which could be a cause for concern. It's worth noting that the company’s accounts are unaudited and prepared under the small companies regime, so the figures rely on director-reported data.

The company’s financial data suggests it may be burning through money, relying on credit to maintain operations. It's possible that the recent increase in liabilities is linked to expansion or investment in new projects, but the declining equity raises questions about its long-term financial health.

Registered in England/Wales under the registration number 12320768, with a registered address at N3 2LN, England, London, 338a Regents Park Road, Office 3 And 4.

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