Marnz Ltd

Marnz Ltd from Morden, UK, is a small company with an active status, founded six years ago. It employs one person and holds £83,238 in assets, operating from a virtual address. The company is led by one director and owned by Ahmad Maria.

Marnz Ltd operates in the wholesale of clothing and footwear, electronic and telecommunications equipment, and retail via mail order and internet. Its website showcases a wide range of apparel, including menswear, kids wear, and ladies wear, alongside telecommunication and vaping products. The site’s design is clean and user-friendly, with clear categories and a simple checkout process, suggesting a focus on online sales. The website’s navigation is straightforward, with prominent links to “My Account,” “Login,” and “Register,” indicating a desire to build a customer base.

Financially, Marnz Ltd shows a mixed picture. Current assets have decreased significantly by 60%, dropping to £83,000, while finished goods have increased dramatically by 490% to £59,000. Cash bank on hand has plummeted by 87%, leaving only £24,000, and trade debtors have vanished entirely. Creditors have also decreased, suggesting improved debt management. The company’s small size (meeting two of three criteria for a small company) allows for flexibility, but the sharp decline in cash reserves is concerning. It’s likely the company is reinvesting in inventory to meet customer demand, but it’s important to monitor its cash flow closely. The lack of an auditor mentioned (likely exempt as a small company) means the figures are unaudited.

Registered in England/Wales under the registration number 11697403, with a registered address at E17 3NU, England, London, Suite Ra01 195-197 Wood Street.

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