Mc Trading South Ltd

Mc Trading South Ltd is a small, active company based in Southampton, UK, founded two years ago in January 2023. With just two employees and £13,319 in assets, it's a modest operation managed by two directors and owners, Hackshaw Mitchell Lee and Halford Carrie-anne Courtney. The company operates in the retail sale via mail order houses or via internet industries. The registered address is real, with only one other company registered at the same location.

The company’s website, while not explicitly detailed in the report, suggests a focus on e-commerce, likely selling goods directly to consumers online. Without further information, it’s difficult to determine the exact nature of the products sold, but the industry classification points towards a mail-order or internet retail model.

Financially, Mc Trading South Ltd presents a mixed picture. The company's net assets are £5,400, and its cash bank on hand is £1,100. Trade debtors are minimal at just £2, while creditors stand at £8,900. The company's accumulated depreciation and impairment for property, plant, and equipment is £320. While the company’s small size (meeting two of three conditions for a small company) allows for flexibility, the relatively low asset base and the fact that creditors are higher than cash reserves suggest a need for careful financial management. There is no auditor mentioned, which is common for small, exempt companies. The company’s revenue recognition policy states that turnover is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. The company’s statement of compliance with applicable reporting framework states that the financial statements have been prepared in accordance with FRS 102.

Registered in England/Wales under the registration number 14567363, with a registered address at SO18 3BX, England, Southampton, 260 West End Road, West End.

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