Maina Imports Limited

Maina Imports Ltd from Uxbridge UK: a small, active company founded 29 years ago, employs six people, and holds £610,376 in assets. Operating from a virtual address – twenty-one companies registered there – it’s managed by two directors and a solo founder, boasting a respectable 4.0 Google rating from 70 reviews. The company regularly imports textile products, sets, used clothing, and rags (for six months), and exports electrical machinery and equipment (also for six months).

The company's website paints a picture of a global logistics provider. It's not an e-commerce site, but rather a freight forwarding and courier service, offering air, sea, and road transport solutions. Established in 1979, the Maina Group has expanded to include several offices worldwide, including locations in India, Kenya, Uganda, and the United Arab Emirates. The company’s website highlights its expertise in customs clearance, warehousing, and express deliveries, catering to both small parcels and large shipments. It even has a dedicated section for piano restoration, showcasing a high-end division separate from the import/export business.

Financially, Maina Imports Ltd shows some concerning trends. Cash reserves dropped significantly by 720%, falling to £130,000, and trade debtors increased by 690%, reaching £210,000. Creditors also rose by 4.4%, reaching £420,000. However, net assets increased by 32%, reaching £210,000, and deferred tax liabilities increased by 630%, reaching £15,000. 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 a full audit, so the figures are unaudited. The increase in debtors could be a sign of slower payments from clients, but the overall picture suggests the company is navigating a period of change. It’s a bit strange to see a freight forwarding company also involved in piano restoration, but it demonstrates a willingness to diversify.

Registered in England/Wales under the registration number 03082756, with a registered address at UB8 2FX, England, Uxbridge, Middlesex, 3 Brook Business Centre, Cowley Mill Road.

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