M&h Direct Ltd

Mandh Direct Ltd from Letchworth Garden City UK is a small, active company founded 12 years ago. It employs just two people and holds £190,147 in assets. The company operates an e-commerce site and is registered at a real address, with two directors and two owners overseeing its operations.

The business focuses on retail sales via mail order houses or via the internet, catering to a niche market. While the website itself isn't detailed, this suggests a targeted approach to online commerce. The company has a real registered address, with only one other company registered at the same address.

Financially, Mandh Direct Ltd shows a mixed picture. Cash reserves increased by 36% to £140,000, and current assets grew by 31% to £190,000, which is good news. However, creditors have risen significantly by 71% to £40,000, and net losses have increased, suggesting the company is burning through money. Bank borrowings are stable, though, at £3,800. The company is small, 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 accounts are unaudited, and no auditor is mentioned.

The company’s directors, Anchalia Hitesh and Sahota Maninder Singh, likely face the challenge of balancing growth with financial stability. The increase in creditors could be due to expanding operations or negotiating better payment terms with suppliers, but it's something to keep an eye on.

Registered in England/Wales under the registration number 08466321, with a registered address at SG6 2JA, Letchworth Garden City, Hertfordshire, 19 Brandles Road.

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