Makays Trading Ltd

Makays Trading Ltd is a small, active company registered in London, UK, founded seven years ago in April 2018. It’s a solo-founded operation with one director and one owner, Kamaly Imran, and operates from a real address. The company’s status is active, and it meets the criteria for a small company – turnover under £10.2 million, balance sheet total under £5.1 million, and fewer than 50 employees. Makays Trading Ltd primarily engages in retail sales via mail order and internet, as well as other retail sales in non-specialized stores.

However, a closer look at the company’s website reveals a surprising history. Mackay Trading, as it was previously known, ceased involvement in importing, retailing, and repairing vehicles back in August 2008. The site at 67 Salamander St is no longer operational, and the old telephone numbers are out of service. While no longer actively involved in these activities, Kye Mackay offers email support for previous customers seeking sources for servicing, repairs, or parts. It seems the company has pivoted significantly.

Financially, Makays Trading Ltd presents a mixed picture. Cash bank on hand completely disappeared, dropping 100% to zero. Current assets also vanished, a 100% decrease. Debtor amounts plummeted, and equity declined by 25%. While creditors decreased by 33%, suggesting improved debt management, the sharp decline in assets and cash reserves is concerning. Bank borrowings are unchanged. The lack of employees (zero reported) indicates a lean operation, and with no auditor mentioned, the figures are unaudited. The company’s small size helps it stay flexible, but the significant equity drop warrants further investigation.

Registered in England/Wales under the registration number 11298966, with a registered address at E2 9ES, United Kingdom, London, Flat 4 Block F Peabody Buildings, Cambridge Crescent.

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