Marsala International Ltd

Marsala International Ltd from London UK: a small, active company founded seven years ago, employs just one person, and holds £121,305 in assets. Operating from a virtual address, it’s managed by a single director and two owners. The company regularly imports various textile products, sets, used clothing, and rags, with the last import operation recorded three months ago in September 2023.

The company’s website, Marsala Home, focuses on mattress ticking—knitted and woven fabrics—and offers a wide range of innovative sleep solutions. It’s a business that clearly values design and technology, offering collections with names like "Aeroready," "Green Cycle," and "QTech." The site also highlights a commitment to sustainability, featuring eco-friendly materials and processes. It’s a fairly complex operation, with a production capacity of over 25 million meters per year, and a facility in Bursa, Turkey. The website also mentions 4M strategy, which is a management approach.

However, Marsala International Ltd’s financial health appears to be a bit shaky. Current assets have fallen by 25% to £120,000, while net assets have dropped even further, by 34%, to £14,000. Cash reserves have also declined significantly, by nearly 50%, to just £39,000. Bank borrowings have increased, and creditors have decreased. The company’s small size—meeting two of three criteria for a small company—helps it remain flexible, but the sharp decline in equity is concerning. No auditor is mentioned, likely due to the company’s small size, so the figures are unaudited. The decrease in trade debtors is a positive sign, suggesting improved collection of payments, but the overall picture suggests the company is burning through money.

Registered in England/Wales under the registration number 11049284, with a registered address at N15 5EA, England, London, 151 West Green Road.

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