Masterpiece Global Limited

Masterpiece Global Limited, based in Aberdeen, UK, is a small, active company founded fifteen years ago in 2009. It employs just two people and holds £67,088 in assets, operating from a real address and managed by a single director and owner. The company is registered as SC360241 and has been importing stone, plaster, cement, and similar material products, although irregularly, with the last import recorded over four years ago in December 2018. Its core business operates within the “other service activities n.e.c.” industries.

The company’s website is minimal, offering little insight into its operations beyond its registration details. There’s no indication of e-commerce activity or a dedicated online store. It seems to function primarily as a trading entity, perhaps sourcing and supplying materials rather than directly selling to consumers.

Financially, Masterpiece Global Limited presents a mixed picture. While the company’s small size (meeting two of three criteria for a small company: turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for flexibility, recent trends are concerning. Cash reserves have increased significantly by 280% to £320, but this is offset by a 1.9% decrease in debtors, suggesting potential issues with customer payments. Creditors remain stable at £38,000. Accumulated depreciation has increased by 65%, reflecting investment in assets, and net assets have fallen by 5.2% to £29,000. The company’s unaudited financial statements, exempt due to its size, rely on director-reported data.

The company’s owner, Webb John Raymond Prince, also serves as the director, indicating a tight-knit operation. The recent changes to both the director and owner lists, made two months ago, could signal a shift in strategy or ownership structure. While the company’s status is active, the financial data suggests it's not necessarily burning through money, but it’s also not showing robust growth. The lack of a dedicated website and the irregular import activity hint at a niche, perhaps B2B, operation that may be facing challenges in scaling.

Registered in Scotland under the registration number SC360241, with a registered address at AB10 1UP, Scotland, Aberdeen, 28-30 Carden Place.

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