Mcpl Ceramic Limited

Mcpl Ceramic Limited, based in Greenford, UK, is a small, active company established just a year ago. With two employees and £36,904 in assets, it operates from a real address and is overseen by three directors and one owner. Boasting a stellar 5.0 Google rating from 73 reviews, it’s a well-regarded business. The company is an irregular importer, primarily dealing in furniture, lighting, and prefabricated buildings, with the last import operation occurring one month ago.

The business operates in the other retail sale in non-specialised stores industries. Its website, while not providing detailed operational information, suggests a focus on tile sales and related services. It’s a small company, meeting two of three criteria for classification: turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees.

Financially, Mcpl Ceramic Limited presents a mixed picture. Cash bank on hand remained stable at £2,600, but creditors increased slightly to £39,000. Current assets are reported at £37,000, while debtors stand at £10,000. Equity, however, is negative at -£12,000, indicating accumulated losses. Net assets and liabilities are also negative, at -£2,100. Despite these challenges, the company’s trade creditors decreased, suggesting better debt management. The accounts are described as “filleted” and unaudited, relying on director-reported data.

The company's financial statements note a focus on short-term creditors and debtors measured at transaction price, with loans and other financial assets initially recognised at transaction price. They also highlight the use of the first-in-first-out method for inventory valuation. While the company's small size allows for agility, the negative equity and reliance on bank borrowings suggest it’s burning through money. The lack of an auditor—a common exemption for small companies—means the figures aren’t independently verified.

Registered in England/Wales under the registration number 14982782, with a registered address at UB6 7LA, England, Greenford, Unit 23 Aintree Road, Perivale.

WARNING: The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Ports, countries, transport, and price/kg were calculated by CorpSignals; non-official data, may contain errors.