Mawjo Ltd

Mawjo Ltd from London UK: a small, active company founded five years ago, holds £5,712 in assets, and operates from a real address with two directors and one owner. It’s a small company as it met two conditions of three: turnover less than £10.2 million, balance sheet less than £5.1 million, and fewer than 50 employees. The company’s status is active, and it was incorporated on August 27, 2019.

While Mawjo Ltd’s website is non-existent, its filings suggest a dormant company operating in the dormant company industries. It’s unclear what the company actually *does*, but the lack of a website and description of principal activities points to a minimal online presence. The company’s filings don’t mention any e-commerce activity.

Financially, Mawjo Ltd presents a concerning picture. Net assets have plummeted by 19%, now sitting at -£16,000, a significant drop from -£13,000. Current assets have also decreased by 32%, down to £5,700. Cash on hand has fallen 22%, leaving just £580. Bank borrowings remain steady at £20,000, but the decline in cash reserves is noticeable. Creditors have remained stable, and the company has zero employees reported. The accounts are described as “filleted accounts,” and no auditor is mentioned, which is common for small, exempt companies. It seems like the company is burning through money, but it’s hard to say if this is a typical startup phase or a longer-term challenge. The owner, Hasan Mahmudul, and director Siddique Kazi Md Abu Bakar, are listed, but the lack of activity and negative equity raise questions about the company’s long-term viability.

Registered in England/Wales under the registration number 12175345, with a registered address at N1 6RA, England, London, 207 Hoxton Street.

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