Mark Milton Ltd

Mark Milton Ltd from Greenford UK: a small company with an active status, was founded 33 years ago in 1991. It employs six people and holds £1,475,261 in assets. The company operates from a virtual address, a fact that raises some questions, and is managed by three directors and a single owner, who is also the solo founder. Mark Milton Ltd regularly imports and exports jewelry, precious stones, and metals, having done so for 41 months and 36 months respectively.

The company’s core business revolves around the wholesale of watches and jewellery. It’s a small company, meeting two of three conditions: turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. The company’s financials show a mixed picture. While current assets increased by 8.7% to £1,500,000, net assets decreased by 23% to £930,000. Bank borrowings were reduced by 25% to £95,000, and cash reserves increased by 140% to £27,000. Creditors also decreased by 6.5% to £610,000.

A closer look at the financial data reveals some interesting trends. Accumulated depreciation impairment property plant equipment decreased significantly, particularly for motor vehicles, suggesting a reduction in asset values. Additions to property plant equipment were consistent, indicating ongoing investment in assets. Trade debtors decreased by 31%, which could be a positive sign of improved cash flow management. The company’s equity has declined, but this is partially offset by a rise in net assets.

It’s worth noting that the company’s accounts are unaudited, which is common for small companies. The lack of an auditor mentioned means the figures rely on director-reported data. The company’s solo founder, Milton Mark Stephen, and directors, Chauhan Ajay and Chauhan Ajay, are responsible for the company’s financial health. The company’s virtual address, shared by 377 other companies, is a point of interest that warrants further investigation. Overall, Mark Milton Ltd appears to be navigating a challenging environment, but its established presence and focus on a niche market suggest a degree of resilience.

Registered in England/Wales under the registration number 02614122, with a registered address at UB6 0FX, United Kingdom, Greenford, Middlesex, 325-327 Oldfield Lane North.

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