Mcr United Ltd

Mcr United Ltd is a small, active holding company based in Potters Bar, UK, founded eight years ago in March 2017. With just one employee and £76,329 in assets, it operates from a virtual address shared by 332 other companies, raising some questions. The company is led by one director, Puleio Maria Carmela Rita, and owned by Sunrise Investments Re Ltd. It’s an irregular importer, primarily dealing in ceramic products, with just two months of import activity recorded as of June 2023. The company's main business involves the retail sale of bread, cakes, flour confectionery and sugar confectionery in specialised stores.

The company's website is currently unavailable, so it’s difficult to determine the extent of its online presence or e-commerce operations. It seems the focus is primarily on wholesale or supply chain activities rather than direct consumer sales.

Financially, Mcr United Ltd presents a mixed picture. While cash reserves increased significantly, jumping 230% to £50,000, net assets declined 43% to -£200,000. Creditors have increased by 57% to £290,000, and trade debtors have also risen by 34% to £21,000. The company’s small size—meeting two of three criteria for a small company—helps it maintain agility, but the negative equity and rising debts are concerning. A significant increase in inventory, up 430% to £4,600, suggests a possible build-up of stock, which could be a risk if sales don't keep pace. The company is exempt from an audit, so the financial statements are unaudited. It's also worth noting that the company has claimed exemption from reporting disclosure related party transactions.

Overall, Mcr United Ltd appears to be navigating a challenging financial landscape. The company’s focus on importing ceramic products and its role in the confectionery supply chain could be affected by broader economic trends.

Registered in England/Wales under the registration number 10678913, with a registered address at EN6 5AS, England, Potters Bar, Hertfordshire, C/O Michael Filiou Ltd Salisbury House, 81 High Street.

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