Mba Distributions Ltd

Mba Distributions Ltd from London UK: small company, active status, founded 3 years ago, £9,150 assets, real address, 1 director, 1 owner, solo founder. 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 operates in the retail sale via mail order houses or via internet industries. Officially, it has one owner or PSCs, one director and no number of employees published.

The company, registered on January 20, 2022, is located at E6 2JA, United Kingdom, London, 182-184 Office 8566, 182-184 High Street North. The address is probably real as only one company registered at the same address. Its status is active. The website, which isn’s currently available, suggests a focus on online retail. It’s unclear exactly what products Mba Distributions Ltd sells, but the company likely operates an e-commerce store.

Financially, Mba Distributions Ltd presents a concerning picture. While it holds £9,150 in assets, net assets are a negative £20,000, indicating accumulated losses. Cash reserves are a meager £5,100, and creditors stand at £29,000. Trade debtors are zero, and other inventories are £4,000. The company's liabilities are significantly higher than its assets, suggesting it’s burning through money. The lack of employees (zero reported) means the business is likely run by the sole founder, Ali Mohammed, who also serves as director. The accounts are unaudited, which is typical for small companies exempt from an audit. It’s possible the company is struggling to generate sufficient revenue to cover its expenses, or perhaps it’s in a growth phase where it’s investing heavily in marketing and inventory.

Registered in England/Wales under the registration number 13862919, with a registered address at E6 2JA, United Kingdom, London, 182-184 Office 8566, 182-184 High Street North.

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