Marinova Trading Ltd

Marinova Trading Ltd from St. Neots UK is a small company with an active status, founded three years ago. It boasts £8,133 in assets, operates from a real address, and is led by a single director and owner – a solo founder. The company primarily engages in retail sales via mail order houses or via the internet.

The company’s website, marinoworldwide.com, showcases a range of skincare products marketed under the "Marinova" brand. The site emphasizes innovative beauty solutions and focuses on products that nourish skin from within. Categories include cleansers, sunscreens, moisturizers, serums, and oils, all presented with professional photography and detailed descriptions. The website clearly positions Marinova as an e-commerce business, with a focus on direct-to-consumer sales.

Financially, Marinova Trading Ltd presents a mixed picture. While current assets increased by 42% to £8,100, net assets actually decreased by 100% to -£8, resulting in negative equity. Bank borrowings remained constant at £2,100, but cash reserves fell 53% to just £4,500. Creditors increased significantly by 61% to £8,100, and trade debtors completely vanished, dropping 100% to zero. 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 doesn’t require an audit, and the figures are unaudited.

The sudden drop in equity and the increase in creditors suggest that Marinova Trading Ltd is burning through cash. While the company’s online presence looks professional and the products are marketed effectively, the financials indicate a need for careful management. It's possible the company is reinvesting heavily in growth, but the negative equity is a concerning sign.

Registered in England/Wales under the registration number 14038608, with a registered address at PE19 6LT, United Kingdom, St. Neots, Sanford House, 81 Skipper Way.

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