Maraclo Ltd

Maraclo Ltd from Glasgow UK: small company, active status, founded 4 years ago, £4,475 assets, virtual address, 1 director, 1 owner, solo founder. It’s a small company as it met two conditions of three: turnover less than £10.2 million, balance sheet less than £5.1 million, employees less than 50. The company operates in the retail sale via mail order houses or via internet industries. Officially, it has one owner or PSCs, one director and no number of employees published.

The company's website, untitled document, suggests a focus on online retail. While no specific e-commerce platform is evident, the domain name implies a direct-to-consumer model. It's not clear if the website is fully functional or simply a placeholder, but the lack of detailed product listings or a shopping cart suggests it’s not a fully developed online store. It's possible the company primarily relies on other online marketplaces or direct sales channels.

Financially, Maraclo Ltd presents a concerning picture. While current assets increased by 81% to £4,500, equity plummeted 150% to -£8,900. This significant equity decline indicates the company is burning through cash faster than it’s generating revenue. Creditors increased by 120% to £13,000, suggesting a reliance on short-term financing. Bank cash fell by 3.8% to £25, which isn't a good sign. The company’s small size helps it stay agile, but the sharp equity drop raises serious questions about its long-term viability. With no auditor mentioned (likely exempt as a small company), the figures rely on unaudited statements.

In short, Maraclo Ltd is facing financial headwinds. While it may be operating in a growing market, its current trajectory suggests a need for significant changes. It's possible the company is struggling to scale its operations or facing increased competition. The solo founder model, while efficient in the early stages, may be a limiting factor as the business grows.

Registered in Scotland under the registration number SC688892, with a registered address at G1 3NQ, United Kingdom, Glasgow, 6th Floor Gordon Chambers, 90 Mitchell Street.

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