Mayellie Uk Ltd

Mayellie UK Logistic is a small, active company based in North London, UK, founded four years ago in 2020. It’s a solo-founded operation with one director and owner, holding just £3 in assets. The company operates from a real address in Winchmore Hill Road, and is registered with only one other company at the same location. 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, employees less than 50.

The company’s core business revolves around providing driving opportunities, specifically for Amazon delivery drivers. Its website prominently features recruitment messaging, encouraging individuals to “Turn your driving license into a business!” The site highlights benefits like paid training, supportive onboarding, and the absence of expenses like van hire or insurance. It’s a clear focus on attracting drivers and facilitating their entry into the gig economy—a business model that’s increasingly popular. The site also mentions WhatsApp application, suggesting a streamlined and informal recruitment process.

Financially, Mayellie UK Logistic presents a concerning picture. Current assets have plummeted by a staggering 99%, dropping from £330 to just £3. Net assets and liabilities have also worsened, increasing by 21% to -£1,700. Cash bank on hand, however, has seen a 50% increase to £3, although this is a small amount. Trade creditors have decreased slightly, and taxation social security payable remains steady. The lack of employees (zero reported) suggests a very lean operation, and the company’s small size means it’s exempt from an audit, relying on unaudited financial statements. The accounts were authorised on January 9th, 2025.

While the recruitment messaging is strong, the financial data paints a picture of a company struggling. The sharp decline in assets and the negative equity suggest that Mayellie UK Logistic is burning through money—a common challenge for startups. It’s possible that the company is reinvesting heavily in growth, but the lack of positive cash flow raises concerns about its long-term viability. It’s also worth noting that the company will soon be dissolved.

Registered in England/Wales under the registration number 12716871, with a registered address at N21 1QB, England, London, 1 Winchmore Villas, Winchmore Hill Road.

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