Mazmabf Ltd

Mazmabf Ltd is a small, active company based in Leeds, UK, founded four years ago in July 2020. It operates as an e-commerce site with two directors and one owner, who is also the solo founder. The company’s registered address is a virtual one, shared by twelve other businesses, which is a bit strange.

The company’s core business revolves around retail sales via mail order and internet, along with other professional, scientific, and technical activities. Its website showcases a range of products, primarily components for high-end bicycles, including cassettes, engines, batteries, and chargers from brands like SRAM and Bosch. It's clearly targeting a niche market of cycling enthusiasts.

Financially, Mazmabf Ltd presents a mixed picture. The company’s net assets are currently at -£8,200, a significant loss. Cash reserves are a meager £310, and bank borrowings are a little higher at £8,400. Creditors are also substantial at £8,500. It’s worth noting that the company meets two of the three criteria to be considered small (turnover under £10.2 million, balance sheet under £5.1 million, and fewer than 50 employees). The lack of employees (zero reported) suggests a very lean operation. The accounts are unaudited and described as “filleted,” which is common for small companies.

The negative equity and low cash reserves are concerning, suggesting the company is burning through money. The reliance on creditors to cover short-term obligations is also a potential risk. However, the active e-commerce site and focus on a specialized product range indicate a potential for future growth, if the company can manage its finances more effectively.

Registered in England/Wales under the registration number 12764604, with a registered address at LS11 7HL, England, Leeds, 293 Sugar Mill Business Park, Oakhurst Avenue.

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