Mark's Trains Ltd

Mark's Trains Ltd, based in Peterborough, UK, is a small, active company founded three years ago. It holds £33,731 in assets and operates from a real address shared by nine other companies. Run by a solo founder who also serves as director and owner, the company’s core business revolves around an e-commerce site offering bespoke DCC and sound conversion services for model trains – a niche market with a perfect 5.0 Google rating from 28 reviews.

The website showcases a wide range of services, from DCC conversions and sound installations to servicing, repairs, and even kit building. It also stocks digital model railway equipment from brands like Digikeijs, ESU, and Lenz. The site highlights current projects involving British diesel and steam locomotives, demonstrating a high level of expertise and attention to detail. Recent product additions include Accurascale OO Scale Class 31 models, alongside a selection of slate heart decorations – a somewhat unexpected addition to the model train offerings.

Financially, Mark’s Trains Ltd presents a mixed picture. Accumulated depreciation has risen significantly, with computer equipment seeing a 96% increase and furniture fittings jumping 150%. Bank borrowings have doubled to £21,000, while cash reserves have plummeted 92% to a mere £1,100. Creditors have also increased by 32%, suggesting a need for better cashflow management. Despite these challenges, the company's net assets have increased by 110% to £9,000. The number of employees remains at zero, reflecting a lean operation. The accounts are unaudited and prepared under the small companies regime.

While the company’s expertise in model train conversions appears strong, the significant drop in cash reserves and increased borrowing raise questions about its financial sustainability. It’s likely that the company is burning through cash to invest in inventory and marketing, but it needs to carefully manage its finances to avoid running into difficulties.

Registered in England/Wales under the registration number 13557167, with a registered address at PE2 7JE, England, Peterborough, Workspace House Unit 28-29 Maxwell Road.

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