Mame Limited

Mame Limited, based in London, UK, is a small, active company founded ten years ago in December 2014. Employing 34 people, it holds £355,837 in assets and operates from a virtual address – seventeen other companies are registered at the same location, which is a little unusual. The company has two directors and two owners, though the ownership list was changed two years ago. It’s a regular importer, specializing in cereal and milk-based food products, with five months of import activity recorded, the last operation taking place in April 2024.

The company’s website is minimal, offering little insight into its operations beyond its official registration details. It seems to primarily function as a trading entity, rather than a direct-to-consumer business. It operates in the “other service activities n.e.c.” industries.

Financially, Mame Limited presents a mixed picture. Current assets increased by 21% to £360,000, while net assets jumped significantly by 75000%, reaching £4,500. Cash bank on hand also increased by 4.1% to £220,000. However, creditors have risen considerably, with those due within one year increasing by 22% to £350,000. Trade debtors have also increased significantly, by 78%, reaching £120,000. The company’s small size (meeting two of three conditions for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for flexibility, but the increase in creditors suggests a need for careful cash flow management. As a small company, it’s likely exempt from an audit, meaning the figures are unaudited.

The company’s recent import activity and rising debtors suggest it’s actively trading, but the increased creditors should be monitored. It’s a small operation, and it’s probably working well, but it’s important to keep an eye on its financial health.

Registered in England/Wales under the registration number 09336373, with a registered address at SW6 5UA, London, 585a Fulham Road.

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