Mas Bazaar Ltd
- Small
- Active
- 18 years
- 8 employees
- £72,857 (assets)
- Real address
- 3 directors
- 2 owners
- Regular importer
- Rating 3.0 (4)
Two conditions of three:
1.Turnover < £10.2 million
2.Balance sheet total < £5.1 million
3.Average number of employees < 50
Field of Operation
Website
Summary
Mas Bazaar Ltd from Luton, UK, is a small, active company founded 18 years ago. It employs eight people and holds £72,857 in assets. With three directors and two owners, the company maintains a real address and has a Google rating of 3.0 based on four reviews. It’s a regular importer, specializing in edible fruits and nuts for 64 months, with the latest import occurring in August 2024.
The company operates a website showcasing a wide range of South Asian, African, Middle Eastern, and Chinese foods. It's essentially an online cash and carry, offering everything from spices and rice to fresh meat and frozen snacks. The website is currently under construction, stating it's for testing purposes only and discouraging orders. Product categories are extensive, including everything from beef and chicken to nuts and oils. A “Butchers Assistant” position is advertised, requiring fluent Bengali.
Financially, Mas Bazaar Ltd presents a mixed picture. While current assets have increased by 37% to £73,000, net assets have also risen by 5.9% to £65,000. Bank borrowings have dramatically improved, increasing by 140% to £4,000. However, cash reserves have fallen by a significant 79% to just £2,300. Trade creditors have decreased by 23%, suggesting improved debt management. The company’s small size (meeting two of three conditions for a small company) allows for agility, but the decline in cash reserves warrants attention. No auditor is mentioned, likely due to its status as a small company.
Overall, Mas Bazaar Ltd appears to be navigating a challenging landscape. While its online presence and product range are promising, the financial data indicates a need for careful cash flow management. The company’s reliance on imports and the current website restrictions could be impacting its performance, but its established presence and diverse product offerings suggest potential for future growth.
Registered in England/Wales under the registration number 06248503, with a registered address at LU1 1EH, England, Luton, 104a Dunstable Road.
WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Owners & PSC
-
Individual
- 7 years
- 1
- 25%+
-
Resident of United Kingdom
-
Individual
- 9 years
- 2
- 25%+
-
Resident of United Kingdom
Managers
-
Individual
- 18 years
- 1
-
Resident of United Kingdom
-
Individual
- 18 years
- 2
-
Resident of United Kingdom
-
Individual
- 18 years
-
Resident of United Kingdom
Last reports
The latest confirmation statement submitted eleven months ago.
Last news
-
Total exemption full accounts made up to 2024-03-31Download 7 pages pdf report
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Confirmation statement made on 2024-05-30 with no updatesDownload 3 pages pdf report
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Total exemption full accounts made up to 2023-03-31Download 7 pages pdf report
Importer profile by HS codes
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Last imported products
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FAQ about Mas Bazaar Ltd
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