Mart Deals Limited

Mart Deals Limited is a small, active company based in Luton, UK, founded three years ago in September 2021. The company, with just £1,112 in assets and a real registered address, is a solo-founded operation managed by a single director and owner, Karim Mariam Robbina. It operates in the retail sale via mail order houses or via internet industries.

The company’s website, while not extensively detailed, suggests a focus on online retail. It's clear that the business is leveraging the internet to reach customers, although specific product offerings aren't immediately apparent. The site’s simplicity hints at a lean operation, prioritizing functionality over elaborate design.

Financially, Mart Deals Limited presents a mixed picture. Current assets have fallen significantly, dropping 79% to just £1,100, while net assets also decreased by 40% to £50. Cash bank on hand has seen a dramatic decline, falling 87% to £660. Interestingly, accrued liabilities have increased slightly, and trade creditors have remained consistent. The company’s small size (meeting two of three conditions for a small company) allows for agility, but the sharp decline in assets and cash reserves is concerning. There’s no auditor mentioned, which is typical for small, exempt companies.

Overall, Mart Deals Limited appears to be navigating a challenging period. While its online retail focus is a modern approach, the financial data suggests the company is burning through money. Whether this is a temporary setback or a longer-term trend remains to be seen—but the company’s future hinges on its ability to stabilize its finances and maintain customer engagement.

Registered in England/Wales under the registration number 13618397, with a registered address at LU2 7DX, England, Luton, 58 Marston Gardens.

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