Mango Operations Limited
- Small
- Holding
- Active
- 21 years
- 7 employees
- £223,446 (assets)
- Virtual address
- 2 directors
- 1 owner
- Irregular importer
- Irregular exporter
Two conditions of three:
1.Turnover < £10.2 million
2.Balance sheet total < £5.1 million
3.Average number of employees < 50
Field of Operation
Website
Summary
Mango Operations Limited, based in London, UK, is a small holding company with an active status, established 21 years ago. The company employs seven people and holds £223,446 in assets, operating from a virtual address shared by 33 other companies. It’s managed by two directors and has one owner, though that owner list hasn's been updated in seven years. The business functions as an irregular importer of paper and paperboard products, with one month of imports recorded, and an irregular exporter, with two months of exports, both of which are quite dated.
The company's website, mangologisticsgroup.co.uk, reveals a broader scope of services. It’s a logistics company offering courier, storage, and e-fulfilment solutions to businesses in London and beyond. They cater to various sectors, including alcohol and non-alcoholic drinks, PR and events, and even offer bespoke warehousing for personal storage. The website highlights their focus on sustainability, web-based tracking, and integration platforms, aiming to help businesses achieve their environmental goals. They even boast a state-of-the-art central London warehouse and strategically placed microhubs.
Financially, Mango Operations Limited is showing some concerning trends. Accumulated depreciation has increased by 11%, and the number of employees has fallen by nearly 30%, dropping to just five. Cash reserves have plummeted 87%, leaving only £3,600 on hand. Creditors are a mixed bag, with short-term creditors increasing by 20% while long-term creditors decreased by 29%. Net assets have also taken a hit, decreasing by 66% to £34,000. It's a small company, meeting two of three criteria for size, but the decline in equity and cash is noticeable. The company’s accounts are unaudited and exempt from audit, relying on director-reported data.
While the company's website paints a picture of a thriving logistics provider, the financial data suggests it may be burning through cash. The reduction in employees and the sharp drop in cash reserves could indicate cost-cutting measures or a struggle to maintain profitability. It's a company that needs to carefully manage its finances to ensure its long-term sustainability.
Registered in England/Wales under the registration number 05056425, with a registered address at N3 1QA, London, Lawford House, Albert Place.
WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Owners & PSC
-
Corporate
- Mango Logistics Ltd
- 7 years
- 2
- 75%+
-
Resident of United Kingdom
Managers
-
Individual
- Bareham David Spencer
- 4 years
- 9
-
Resident of United Kingdom
-
Individual
- Levan-harris Daniel Alexander
- 21 years
- 3
-
Resident of United Kingdom
Last reports
The latest confirmation statement submitted seven months ago.
Last news
-
Unaudited abridged accounts made up to 2024-03-31Download 9 pages pdf report
-
Confirmation statement made on 2024-09-26 with updatesDownload 5 pages pdf report
-
Unaudited abridged accounts made up to 2023-03-31Download 13 pages pdf report
Importer profile by HS codes
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Last imported products
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Exporter profile by HS codes
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Last exported products
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FAQ about Mango Operations Limited
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