Martlet Ventures Ltd

Martlet Ventures Ltd from London UK is a small, active company founded four years ago. With £364 in assets, a real address, one director, one owner (Yee Natalie Mune), and a solo founder, it operates in the retail sale via mail order houses or via internet industries. The company's size qualifies it as small, meeting two of three conditions: turnover under £10.2 million, balance sheet total under £5.1 million, and fewer than 50 employees.

The company's website, while not fully detailed, suggests a focus on online retail, though specific product details are unavailable. It’s likely an e-commerce venture, but further investigation would be needed to confirm its product range and target market.

Financially, Martlet Ventures Ltd presents a concerning picture. The company’s equity sits at a negative £5,800, indicating accumulated losses outweighing its capital. Cash bank on hand remains at a modest £220, and net current assets and liabilities are at -£7,500. While creditors have remained stable at £7,900, debtors have also held steady at £150. The company’s small size and lack of employees (zero reported) suggest a lean operation, but the persistent losses and dwindling cash reserves raise concerns about its long-term viability. The lack of an auditor mentioned (likely exempt as a small company) means the figures are unaudited. The company’s assets are also low, with only £1700 in property, plant, and equipment. It’s possible the company is burning through money, or it could be a period of intense investment that hasn’t yet yielded returns.

Registered in England/Wales under the registration number 13289920, with a registered address at N5 1UT, England, London, 18b Highbury Terrace Mews.

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