Malama Co. Ltd

Malama Co. Ltd is a small, active company based in Bargoed, Wales, founded four years ago in June 2020. It’s a family business with two directors and two owners, operating an e-commerce site. The company holds just £728 in assets and is registered at a real address shared by two other businesses. Officially, it’s a private limited company with registration number 12684775.

The business focuses on retail sales via stalls and markets, as well as mail order and internet sales. It’s a tight-knit operation, with Mrs. Lois Cocker and Mr. Edward Cocker listed as both directors and owners. They’re also listed as the company officer.

Financially, Malama Co. Ltd presents a mixed picture. While cash reserves have surged a remarkable 730% to £730, net assets remain negative at -£2,500, a 81% drop from the previous year. Bank borrowings have increased by 69%, reaching £510, and accrued liabilities have risen 20% to £300. Trade debtors are up 160%, reaching £2,400, while creditors are also up 120%, reaching £3,200. The company’s small size—meeting two of three criteria for a small company—helps with agility, but the significant equity decline is a concern. The accounts are unaudited, as is typical for small companies, and no auditor is mentioned.

It’s clear that Malama Co. Ltd is facing some financial pressures, despite the impressive increase in cash reserves. Whether this is a temporary setback or a longer-term challenge remains to be seen, but the company’s family ownership and e-commerce focus suggest a determination to persevere.

Registered in Wales under the registration number 12684775, with a registered address at CF81 8PG, Wales, Bargoed, Caerphilly, 16 John Street.

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