Maraga Ltd

Maraga Ltd from Nuneaton UK: small company, active status, founded 6 years ago, £14,185 assets, real 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 last reported current assets is £14,185. Officially, it has one owner or PSCs, one director and no number of employees published. The company operates in the retail sale via mail order houses or via internet industries.

Maraga Ltd's website, while not providing detailed product listings, suggests a focus on retail sales through online channels. It’s difficult to determine the exact nature of the products sold without further investigation, but the company seems to be operating primarily as an e-commerce business. There's no obvious indication of a physical storefront or traditional brick-and-mortar presence.

Financially, Maraga Ltd presents a mixed picture. Net assets have decreased significantly, dropping from -£13,000 to -£17,000. Cash reserves have also declined by 51%, sitting at just £5,200. Bank borrowings, however, have seen a slight decrease of 20%, and creditors have remained relatively stable. Trade debtors have vanished completely, which is unusual. The company's small size helps it stay agile, but the equity drop and dwindling cash reserves raise concerns. There’s no auditor mentioned, as it’s exempt as a small company. It’s important to note that the figures are unaudited, so they should be viewed with some caution. The company seems to be struggling to maintain a positive financial trajectory, and it's possible it's burning through cash to stay afloat.

Registered in England/Wales under the registration number 11517386, with a registered address at CV11 5TS, United Kingdom, Nuneaton, First Floor, 59 Coton Road.

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