Mayas Electronics Limited

Mayas Electronics Limited, based in Birmingham, UK, is a small, active company founded twelve years ago. With just two employees and a real address at 454 Birchfield Road, it’s a solo-founder operation led by director and owner, Mahroof Raja Adnan. The company operates an e-commerce site, and while it has a 3.0 Google rating based on eight reviews, there’s room for improvement.

The website, mayaselectronics.bz, is a sprawling online marketplace offering a dizzying array of products. From furniture and appliances to musical instruments and electronics, it caters to a diverse range of customer needs. The site prominently features brands like Sonos, Denon, and Klipsch, and offers discounts like "Use code FUSSX10 for 10 off first order!" It’s clear the company is trying to be a one-stop shop for electronics and related goods. The sheer volume of categories and products suggests an ambitious e-commerce strategy.

Financially, Mayas Electronics Limited presents a mixed picture. Accumulated depreciation has increased by 18%, indicating investment in plant and machinery, while bank borrowings have decreased by 18%—a positive sign. However, creditors have risen by 15%, and net assets have declined by 5.6%, suggesting a potential strain on equity. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it stay nimble, but the declining equity warrants attention. The accounts are unaudited, as is common for small companies, and rely on director-reported data.

The company’s financial data also reveals a significant increase in other creditors, rising by 62% within a year. This could be due to increased supplier payments or a shift in payment terms. The company's trade creditors have also increased, suggesting that the company may be struggling to pay its bills on time. It's important to note that the company's financial data is unaudited, so it is possible that the numbers are not entirely accurate.

Registered in England/Wales under the registration number 08395785, with a registered address at B20 3JG, England, Birmingham, 454 Birchfield Road.

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