Main Layer Ltd

Main Layer Ltd is a small, active company based in Luton, UK, founded eight years ago in 2016. It’s a solo founder operation with one director and one employee, holding £23,176 in assets and operating from a real address. The company operates in the retail sale via mail order houses or via internet, and other service activities n.e.c. industries.

The company's website, Main Layer, presents itself as a "utility shop full of solutions," offering a wide range of tools and equipment for various engineering and utility applications. The site is well-organized, with clear categories for butt fusion, electrofusion, excavation tools, gas tooling, and more. It also features a "quick order" function and a "FAQ" section. It seems to be primarily an e-commerce business, with a focus on B2B sales to engineers and utility professionals.

Financially, Main Layer Ltd’s numbers show a mixed picture. Current assets have declined by a significant 37%, dropping to £23,000. Net assets have also taken a hit, decreasing by 120% to -£2,900. This is a notable change. Bank borrowings have completely disappeared, going from £850 to zero. Cash reserves, however, have increased to £1,000. Debtors have turned negative, at -£1, which is unusual. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) means it’s likely exempt from an audit, so the figures are unaudited.

It’s clear that Main Layer Ltd is facing some financial challenges, with declining assets and a negative equity position. However, the increase in cash reserves and the absence of bank borrowings suggest that the company is managing its short-term finances effectively. The website indicates a strong focus on a niche market, and the company’s ability to maintain a positive online presence suggests a commitment to customer service and a desire to continue operating.

Registered in England/Wales under the registration number 10252610, with a registered address at LU4 0ED, England, Luton, 84 Faringdon Road.

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