Md Auctions Ltd

Md Auctions Ltd, a small, active company based in Ashton-Under-Lyne, UK, was founded five years ago and employs just three people. The company holds £207,756 in assets and operates from a real address, overseen by a single director and owner—the solo founder, Selisny Michael Robert. It’s a private limited company registered in England/Wales, and its core business involves retail sales via mail order houses or via the internet.

The company’s website, mdwholesaledirect.co.uk, presents itself as a premier source for high-quality wholesale products at competitive prices. It highlights fast and reliable shipping and a commitment to providing the best products on the market, with a focus on expanding globally. The site lists a diverse range of products, including high-quality items and best offers, and operates from an address in Gillingham, Kent. Copyright 2025 is displayed, suggesting a forward-looking perspective.

Financially, Md Auctions Ltd shows a mixed picture. Cash bank on hand saw a massive increase of 1000%, jumping to £53,000—a positive sign. However, net assets decreased by 53%, landing at -£22,000. Creditors increased significantly, rising 100% to £220,000, while debtors grew by 83%. The company’s small size (meeting two of three conditions for being classified as small) helps with agility, but the decrease in equity is a concern. Bank borrowings also saw a slight increase. The company is exempt from an audit, so the figures are unaudited.

Overall, Md Auctions Ltd appears to be navigating a challenging financial landscape. While cash reserves have improved, the increase in creditors and decrease in equity suggest the company is burning through money. Management, consisting solely of Selisny Michael Robert, faces the task of balancing growth with financial stability.

Registered in England/Wales under the registration number 12242852, with a registered address at OL7 0PZ, England, Ashton-Under-Lyne, Unit 3 The Old Dairy, Hill Street.

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