Maral Dress Limited

Maral Dress Ltd, based in Glasgow, UK, is a small, active company founded nine years ago. With a single employee and £100,731 in assets, it operates from a virtual address shared by 71 other companies, a detail that raises some eyebrows. The business is led by a solo founder, Frotan Maral, who also serves as director and owner, and enjoys a stellar 5.0 Google rating based on 42 reviews. Maral Dress specializes in importing clothing and accessories, not knitted or crocheted, with recent activity recorded just one month ago.

The company’s website, maraldress.co.uk, is primarily a showroom portal. It highlights a focus on prom wear and occasion dresses, with a "showroom" in Glasgow and a "pause" indicating a potential shift in operations. The site prominently features a range of ballgowns and satin dresses, emphasizing "in-store exclusive" items and encouraging customers to book one-to-one appointments. There’s also a free private car park available, a nice touch for visitors. The website is built on Wix.com, a common platform for small businesses.

Financially, Maral Dress Ltd presents a mixed picture. While current assets increased by 47% to £100,000, net assets dramatically improved, jumping 6600% to £33,000. Bank borrowings decreased, with current instruments falling to £4,700, and cash reserves surged 62% to £14,000. However, trade debtors ballooned by 230%, reaching £7,200, suggesting potential issues with customer payments. Creditors also increased by 5.1%, reaching £53,000. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for flexibility, but the increase in debtors needs to be monitored. As a small company, it’s exempt from an audit, so the figures are unaudited.

Registered in Scotland under the registration number SC526424, with a registered address at G76 7HU, United Kingdom, Glasgow, Radleigh House 1 Golf Road, Clarkston.

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