Mast Collection Ltd

Mast Collection Ltd, based in Bath, UK, is a small holding company with an active status. Founded three years ago in 2021, it employs just two people and holds £161,672 in assets. The company operates from a virtual address, registered with 161 other companies, and is managed by one director and one owner. Mast Collection Ltd is an irregular importer, specializing in furniture, lighting, and prefabricated buildings, with recent import activity recorded just two months ago in December 2024.

The company’s website reveals it operates as a debt collection agency, Master Collections, specializing in commercial debt recovery. It offers three services: Debt Collection Master (no collection, no fee), Master Club (comprehensive credit management), and Master Tech Volume Debt Collection. The site highlights speed and personalized service, targeting sectors like construction, wholesale, and recruitment. Testimonials from satisfied clients emphasize the agency’s effectiveness in recovering debts quickly and affordably. The company even has a blog discussing topics like GDPR and debt collection, and the Pre Action Protocol for debt claims.

Financially, Mast Collection Ltd presents a mixed picture. Current assets remained steady at £160,000, but cash reserves dropped by 32% to £25,000. Bank borrowings increased to £300, while creditors decreased by 30%. Equity, however, saw a significant boost, rising 170% to £67,000. Debtors fell dramatically, decreasing by 53%, which could indicate improved collection rates or a shift in business strategy. The company’s small size (meeting two of three criteria for a small company) allows for agility, but the fluctuating debtor numbers warrant attention. The company is exempt from an audit, so the figures are unaudited.

Overall, Mast Collection Ltd appears to be navigating a dynamic business environment. While the company’s financial health seems to be improving, the company’s irregular import activity and the reliance on a virtual address raise questions about its long-term sustainability.

Registered in England/Wales under the registration number 13542223, with a registered address at BA2 4BL, United Kingdom, Bath, 11 Laura Place.

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