Malby Maps Limited

Malby Maps Ltd from Devon, UK, is a small, active company founded twelve years ago. With a single employee and £112,281 in assets, it operates from a real address and is led by a solo founder who also serves as director and owner. The company runs an e-commerce site and has a Google rating of 1.0 based on just two reviews. It’s an irregular exporter, primarily dealing in art and antiques, with just one month of export activity recorded as of April 2023.

The company’s website, Malby Maps, focuses on retail sales via mail order and internet. It’s a small operation, meeting two of three conditions to be classified as such: turnover under £10.2 million, balance sheet total under £5.1 million, and fewer than 50 employees. The company’s activities are focused on the retail sale of goods.

A review of Malby Maps Ltd’s financial data reveals a mixed picture. Current assets have fallen by 21%, settling at £110,000, while net assets have also decreased, dropping 2.7% to £78,000. Bank borrowings have seen a slight decrease, falling 6.3% to £46,000, and cash reserves have plummeted 93%, leaving just £190. Creditors have also decreased, falling 6.3% to £46,000. The company’s small size helps it remain nimble, but the drop in equity raises some questions. The accounts are unaudited, a common exemption for small companies.

Overall, Malby Maps Ltd seems to be navigating a period of financial adjustment. While its e-commerce presence is established, the declining cash reserves and falling assets suggest a need for careful management.

Registered in England/Wales under the registration number 08192868, with a registered address at TQ9 7DW, Devon, Lower Barn, Ritson Lane.

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