Marco Polo Intercontinental Limited
- Small
- Active
- 12 years
- 2 employees
- £624,180 (assets)
- Real address
- 2 directors
- 2 owners
- Regular importer
- Regular 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
Marco Polo Intercontinental Ltd, based in Chichester, UK, is a small, active company founded twelve years ago. With two employees and £624,180 in assets, it operates from a real address and is managed by two directors and two owners. The company regularly imports cocoa and cocoa products (48 months, last import January 2025) and exports drinks, alcohol, and vinegar (3 months, last export January 2020).
The company's website, Marco Polo Intercontinental, advertises itself as a home for fine foods and beverages, but currently states that its new website is under construction, with a link to an older version. This suggests a period of transition or potential investment in online presence.
Financially, Marco Polo Intercontinental Ltd shows a mixed picture. Cash bank on hand has impressively doubled to £570,000, a positive sign of liquidity. However, trade debtors have significantly decreased, dropping by 55% to £49,000, which could indicate slower customer payments or a shift in sales strategy. Creditors have also increased substantially, rising 97% to £300,000, suggesting increased reliance on short-term financing. Despite this, net assets have grown by 32% to £350,000, and the company’s small size (meeting two of three conditions for a small company) allows for agility. The company’s unaudited financial statements, which are exempt due to its size, do not mention an auditor.
Overall, Marco Polo Intercontinental Ltd appears to be navigating a period of change. The increase in cash reserves is encouraging, but the rise in creditors warrants monitoring. The company’s continued focus on importing cocoa and exporting beverages, combined with its ongoing website development, suggests a desire to adapt and grow within its niche market.
Registered in England/Wales under the registration number 08132307, with a registered address at PO19 1BA, Chichester, West Sussex, 4 Northgate.
WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Owners & PSC
-
Individual
- Grayson Tai Ning
- 8 years
- 1
- 25%+
-
Resident of United Kingdom
-
Individual
- Howick Nigel Rex
- 8 years
- 1
- 25%+
-
Resident of United Kingdom
Managers
-
Individual
- Howick Nigel Rex
- 6 years
- 1
-
Resident of United Kingdom
-
Individual
- Grayson Tai Ning
- 12 years
- 1
-
Resident of United Kingdom
Last reports
The latest confirmation statement submitted ten months ago.
Last news
-
Confirmation statement made on 2024-06-07 with no updatesDownload 3 pages pdf report
-
Total exemption full accounts made up to 2023-12-31Download 9 pages pdf report
-
Total exemption full accounts made up to 2022-12-31Download 9 pages pdf report
Marco Polo Intercontinental Limited controls
Owns & Controls
-
Corporate
- Ecoforlife Ltd
- 6 years
- 25%+
-
Resident of United Kingdom
Importer profile by HS codes
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Exporter profile by HS codes
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FAQ about Marco Polo Intercontinental Limited
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