Mcx Ltd

Mcx Ltd from London UK: a small, active company founded seven years ago, employs five people, and holds £186,847 in assets. It has a real address, two directors, and two owners. The company regularly imports optical and medical tools and devices, with five months of import activity recorded.

The business operates in the renting and leasing of media entertainment equipment industries. Officially, it has two owners, two directors, and five employees. The company’s registered office is located at E2 8HZ, England, London, 374-375 Geffrye Street.

Financially, Mcx Ltd shows some interesting trends. Current assets decreased by 5.6% to £190,000, while net assets dropped 17% to £250,000. Bank borrowings increased significantly, rising 170% to £130,000, and cash reserves fell 65% to £35,000. Creditors also increased, jumping 110% to £230,000. Trade debtors rose 55% to £150,000. The company’s small size (meeting two of three conditions for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it remain agile, but the drop in equity is noticeable. No auditor is mentioned, likely due to the company’s exemption as a small entity.

It’s clear that Mcx Ltd is facing some financial challenges, though it’s difficult to say exactly why. The increase in borrowings and decrease in cash reserves suggest that the company may be burning through money faster than it’s bringing it in. However, the increase in trade debtors could indicate that the company is expanding its customer base, which could lead to increased revenue in the future.

Registered in England/Wales under the registration number 11113218, with a registered address at E2 8HZ, England, London, 374-375 374-375 Geffrye Street.

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