Mawazo Ltd
- Small
- Active
- 3 years
- 1 employee
- £45,815 (assets)
- Virtual address
- 1 director
- 1 owner
- Irregular importer
- Solo founder
Two conditions of three:
1.Turnover < £10.2 million
2.Balance sheet total < £5.1 million
3.Average number of employees < 50
Field of Operation
Website
Summary
Mawazo Ltd is a small, active company based in London, UK, founded three years ago in 2021. It’s a solo founder operation with one director and employee, holding £45,815 in assets and operating from a virtual address shared by 8771 other companies. The company is involved in retail sale via mail order houses or via internet industries and irregularly imports wood and wood products, with the last import activity occurring in February 2024.
The company's website, Mawazo Brand Development Creativity, positions itself as a boutique agency specializing in brand development, digital marketing, and traditional marketing strategies. It offers a range of services, including branding, design and production, digital development, and intellectual property development. The agency's name, Mawazo, is Swahili for "ideas," reflecting its focus on creative solutions for clients. The website showcases various campaigns and projects, highlighting its work with clients across different industries.
Financially, Mawazo Ltd presents a mixed picture. Cash bank on hand has plummeted by 94%, dropping to just £480, while creditors have increased significantly by 150% to £78,000. Current assets have increased by a substantial 390% to £46,000, however. Trade debtors have also risen by 220% to £2,900. Equity has decreased by 63% to -£27,000. The company’s small size—meeting two of three criteria for a small company—helps it stay nimble, but the decrease in equity and the reliance on creditors suggest a potential cash flow challenge. The company is not audited, and the figures are unaudited.
Overall, Mawazo Ltd appears to be a small agency navigating the challenges of growth. While its website and services suggest a creative and capable team, the financial data indicate a need to manage cash flow and potentially reduce reliance on external financing.
Registered in England/Wales under the registration number 13754961, with a registered address at EC1V 2NX, England, London, 124 City Road.
WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Owners & PSC
-
Individual
- Chung Michael Chun-fai
- 3 years
- 3
- 75%+
-
Resident of United Kingdom
Managers
-
Individual
- Chung Michael Chun-fai
- 3 years
- 4
-
Resident of United Kingdom
Last reports
The latest confirmation statement submitted four months ago.
Last news
-
Confirmation statement made on 2024-11-18 with updatesDownload 4 pages pdf report
-
Total exemption full accounts made up to 2023-11-30Download 8 pages pdf report
-
Director's details changed for Mr Michael Chun-Fai Chung on 2023-11-28Download 2 pages pdf report
Importer profile by HS codes
Last imported products
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FAQ about Mawazo Ltd
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