Mallabar Limited

Mallabar Ltd from Wokingham UK is a small company with an active status, having been founded 26 years ago in 1998. Employing six people, the company holds £848,254 in assets and operates from a real address. With three directors and two owners – a solo founder – Mallabar Ltd runs an e-commerce site, regularly importing clothing and accessories (excluding knitted or crocheted items, with 145 months of import activity) and exporting toys, games, and sports equipment (149 months of export activity).

The company’s website, Malabar Gold and Diamonds, is a sprawling online jewellery shopping store primarily serving the Indian market, but with a UK presence. It offers a vast selection of diamond and gold jewellery, catering to various occasions and styles. The site is heavily focused on showcasing a wide range of products, with detailed descriptions and high-quality images. It also provides customer support and information about the company’s history and values. JavaScript seems to be disabled on the website, which is a minor inconvenience.

Financially, Mallabar Ltd’s report shows a mixed picture. Current assets have decreased by 31%, dropping to £850,000, while net assets have also fallen significantly, down 29% to £750,000. Bank balances have decreased by 59%, leaving £160,000, and trade debtors have fallen by 21%, which is a positive sign. However, creditors have also decreased by 45%, which could indicate tighter payment terms. The company meets the criteria for a small company, with turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. The report doesn’t mention an auditor, which is likely due to its status as a small company.

The decrease in assets and cash reserves, alongside the increase in bank borrowings, suggests the company may be facing financial pressures. However, the ongoing import and export activity, combined with the strong e-commerce presence, indicates that Mallabar Ltd is still operational and actively engaged in its core business. The company's ability to maintain its market position and navigate these financial challenges will be key to its long-term success.

Registered in England/Wales under the registration number 03578404, with a registered address at RG40 5RB, England, Wokingham, Berks, Office 6 Ashridge Manor, Forest Road.

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