Massio Limited

Massio Limited is a small, active company based in London, UK, founded six years ago in May 15, 2019. It employs just one person and holds £90,669 in assets, operating from a real address. The company is led by one director and owned by Araz Marcus Murathan. It’s a solo founder operation. Massio Limited is an irregular importer, with its top import category being Machinery, boilers, and mechanical appliances; parts, totaling 2 months of imports. The last import operation was conducted on April 01, 2022.

The company operates in the retail sale of computers, peripheral units and software in specialised stores, the other retail sale of new goods in specialised stores (not commercial art galleries and opticians), the business and domestic software development, and information technology consultancy activities. Its website is currently unavailable, so it’s difficult to ascertain if it’s an e-commerce business.

Financially, Massio Limited shows a mixed picture. Cash bank on hand increased by 20% to £6,100, while bank borrowings decreased by 29% to £13,000. Creditors decreased by 29% to £13,000, but other creditors increased by 53% to £50,000. Trade debtors increased significantly by 190% to £32,000. Net assets liabilities increased by 110% to £7,700. The company’s small size (meeting two of three conditions for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it stay agile. The accounts are unaudited, and no auditor is mentioned.

The company's financials suggest it's not burning through money rapidly, but it's also not experiencing substantial growth. The increase in trade debtors could indicate a need to improve payment collection, and the rise in other creditors warrants further investigation. The director signing the financial statements is Mr Murathan Araz.

Registered in England/Wales under the registration number 11997833, with a registered address at W14 9LT, England, London, 44 Kensington Hall Gardens, Beaumont Avenue.

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