Mass (uk) Ltd

Mass Uk Ltd, based in Harrow, UK, is a small, active company founded 22 years ago in 2002. With four employees and £345,643 in assets, it’s a family business with three directors and two owners. The company operates from a real address and has a mixed trading history, irregularly importing textile products, sets, used clothing, and rags (last import in 2022), while regularly exporting vehicles, parts, and accessories (last export in December 2023).

The company’s website, Mass Global Shipping, reveals a broader scope of operations. Established in England and Wales, the company offers sea, air, and road freight services worldwide, including customs clearance, warehousing, and distribution. It specializes in international trade, offering services like letter of credit terms and telegraphic transfers. The website highlights membership in the London Chamber of Commerce and emphasizes expertise in various industries, including inland freight water transport, cargo handling, and the sale of used cars. It even offers a service for piano restoration, linking to 1066 Pianos.

Financially, Mass Uk Ltd’s recent performance shows some concerning trends. Cash bank on hand dropped significantly by 49%, falling to £130,000. Creditors decreased by 32%, which is good, but net assets fell 470%, plummeting to £57,000. Bank borrowings remained steady at £5,000, and trade debtors increased by 43%, suggesting a reliance on customer payments. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for flexibility, but the substantial equity decline warrants attention. The company is exempt from an audit, and the financial statements are unaudited.

Overall, Mass Uk Ltd appears to be navigating a period of change. While its global shipping services offer potential, the recent financial data suggests a need for careful management and a focus on improving profitability.

Registered in England/Wales under the registration number 04601500, with a registered address at HA2 8AA, Harrow, Middlesex, 58 The Arches.

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