Mal Trading Ltd

Mal Trading Ltd is a small, active company based in Morden, UK, founded three years ago in 2021. With just one employee and a virtual address shared by sixty-four other companies, it’s a solo founder operation managed by a single director and owner. The company operates in the taxi operation industries, but also imports furniture, lighting, and prefabricated buildings—though only for a single month of activity recorded back in 2022.

The company’s website highlights its focus on agriculture and exports of onion, turmeric, and agricultural seeds. It positions itself as a bulk supplier, emphasizing quality and customized packaging. The business is run by Haji G.M Abdul Latheef and his two sons, leveraging decades of experience in the South Indian market. The website also mentions a separate venture focused on piano restoration, which seems to operate independently.

Financially, Mal Trading Ltd shows some positive trends. Cash bank on hand increased by a significant 200%, reaching £7,100, and retained earnings grew by 190%, reaching £2,500. However, creditors also increased by 78%, reaching £5,800, and property, plant, and equipment decreased by 33%, falling to £1,200. Net current assets and liabilities improved dramatically, shifting from a negative £910 to a positive £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 stay nimble, but the decrease in property, plant, and equipment is something to keep an eye on. With no auditor mentioned, the figures rely on unaudited director-reported data.

Overall, Mal Trading Ltd seems to be holding its own, with a strong cash position and growing equity. However, the increase in creditors and the decrease in property, plant, and equipment suggest the company is burning through money, and its taxi operation industries may not be enough to sustain it.

Registered in England/Wales under the registration number 13658406, with a registered address at SM4 6RW, United Kingdom, Morden, Marshall House, Suite 21-25 124 Middleton Road.

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