Mass Purchase Merchants Ltd

Mass Purchase Merchants Ltd is a small, active company based in London, UK, founded just nine months ago in July 2024. It operates as a virtual e-commerce site with a single director and owner, who is also the solo founder. The company’s registered address is shared by 25 other businesses, suggesting a virtual address.

The company specializes in the non-specialised wholesale trade and retail sale via mail order houses or via internet. Its website, Supreme Merchants, offers a wide range of building supplies, from concrete blocks and bricks to timber and fencing, catering to both commercial and DIY customers. The site emphasizes bulk deals, discounts, and nationwide delivery, with a focus on competitive pricing and customer service. Customers can search for products, view discounts, and even chat live with the company.

Financially, Mass Purchase Merchants Ltd shows a concerning picture. While it meets the criteria to be considered a small company (turnover under £10.2m, assets under £5.1m, and fewer than 50 employees), its net assets are a negative £140, and cash reserves are a meager £3. Creditors are at £150, and bank borrowings are not mentioned. The company has not had any auditors mentioned, likely exempt as a small company.

The negative equity and low cash reserves suggest the company is burning through money. The lack of employees (zero reported) hints at a lean operation, but the financial strain raises questions about its long-term viability. While the website appears active and well-stocked, the company needs to address its financial situation to avoid potential difficulties.

Registered in England/Wales under the registration number 15847011, with a registered address at N5 2ER, United Kingdom, London, Office 403, Screenworks, 22 Highbury Grove.

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