Maple Corp Ltd

Maple Corp Ltd is a small, active company based in London, UK, founded four years ago in 2021. It has three employees and holds £132,180 in assets, operating from a virtual address shared by many other businesses. The company is led by one director and owner. Maple Corp Ltd is an irregular importer, primarily dealing in machinery, boilers, and mechanical appliances; parts, with the last import operation occurring one month ago in December 2023. The company operates in the other retail sale not in stores, stalls or markets industries.

The company's website showcases a focus on affordable housing preservation and development. Maple Corporation provides technical assistance, planning, financing, and project management support, aiming to ensure the continued availability of decent, affordable housing. They boast a "vast experience" and a "professional team," offering services ranging from planning and pre-development to construction management. The website’s mission statement emphasizes accessibility and affordability, with a focus on Philadelphia and surrounding counties.

Financially, Maple Corp Ltd presents a mixed picture. While cash bank on hand increased significantly by 1200%, rising to £19,000, equity plummeted by 1200%, ending at a negative -£88,000. Creditors have also risen substantially, increasing by 200% to £440,000. Net current assets and liabilities have also increased by 260%. The company’s small size (meeting two of three conditions for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) means it’s likely exempt from an audit, relying on unaudited statements. The increase in bank borrowings and the negative equity suggest the company is burning through money, although the increased cash reserves may indicate recent funding or improved cash flow management. The company’s reliance on a single director and owner, Iftikhar Mohammed, could also be a management risk, but it’s difficult to tell without more information.

Registered in England/Wales under the registration number 13351648, with a registered address at EC2A 4NE, United Kingdom, London, England, 86-90 Paul Street.

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