Malusha Ltd

Malusha Ltd is a private limited company registered in England/Wales with the registration number 14293442. The company was founded two years ago on August 12, 2022, and registered at E15 2SP, England, London, Unit 216 Stratford Workshops, Burford Road. The address is probably real as only one company registered at the same address. Its status is active. The company operates in the manufacture of luggage, handbags and the like, saddlery and harness, the retail sale via mail order houses or via internet, the other education n.e.c., the other service activities n.e.c. industries. Officially, it has two owners or PSCs, two directors and no number of employees published.

The company’s website, Malusha Shop, showcases a range of accessories and auxiliary materials for bag sewing, catering to both beginners and experienced crafters. They even offer patterns for popular models and master classes, alongside a repair service for branded bags. The site’s focus is clearly on women’s leather bags and accessories, with categories like “Accessories,” “Women’s Bags,” and “Handbag Hardware” prominently displayed. New arrivals, like the “Every Day Bag,” are regularly featured, and the site accepts a wide range of payment methods, including Apple Pay and Visa.

Financially, Malusha Ltd presents a picture of a small business struggling to gain traction. The company’s net assets are currently at -£16, with cash on hand at a meager £390. Bank borrowings are at £410, and creditors are also at £410. The lack of employees (zero reported) suggests a very lean operation, and the company's retained earnings are at -£120. With no auditor mentioned, the unaudited accounts rely on director-reported data. 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 agile, but the negative equity and low cash reserves are concerning. It's likely the company is still in its early stages, reinvesting profits back into the business, but sustained losses could pose a challenge.

Registered in England/Wales under the registration number 14293442, with a registered address at E15 2SP, England, London, Unit 216 Stratford Workshops, Burford Road.

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