Mbnd Sport Ltd

Mbnd Sport Ltd, based in Teddington, UK, is a small, active company founded thirteen years ago in 2011. With just one employee and £16,581 in assets, it operates as a solo-founded business with a single director and owner. The company runs an e-commerce site and regularly imports toys, games, and sports equipment—the latest shipment arriving three months ago. It’s also a virtual address, with eighty-two companies registered at the same location.

The company’s website, MegaSportMarket.com, positions itself as a specialist in water polo and swimming equipment. It’s an official distributor of Malmsten, a Swedish-made brand known for its racing lane lines, and offers a wide range of products, including water polo goals, balls, and field equipment. The website also highlights a partnership with Kap7, the official LEN water polo match ball. The site even offers a full range of products for teamsporttour.com and megasportmarket.com.

Financially, Mbnd Sport Ltd is showing some concerning trends. Cash bank on hand has fallen by a significant 61%, dropping to £17,000. Current assets have also decreased sharply, mirroring the cash decline. While gross profit loss increased by 16%, turnover revenue dropped by 8.2% to £120,000. Creditors have increased by a substantial 92%, reaching £9,200, and trade debtors have fallen by 83%, which could indicate difficulties in collecting payments. The company’s small size (meeting two of three criteria for small business status) allows for flexibility, but the decrease in equity and the rise in debt suggest a need for careful management. No auditor is mentioned, as the company is exempt as a small business.

In short, Mbnd Sport Ltd is facing some financial headwinds despite its established niche and online presence. It’s a small business with a lot of potential, but it needs to address its declining assets and rising debts to ensure its long-term sustainability.

Registered in England/Wales under the registration number 07782390, with a registered address at TW11 9JP, England, Teddington, 171 Kingston Road.

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