Md-da Ltd

Md Da Ltd is a small, active company based in London, UK, founded nine years ago in May 2015. It’s a solo founder operation with one director and owner, Daniloaia Magda, and holds a real registered address. The company meets two of the three criteria to be considered small: turnover under £10.2 million, balance sheet total under £5.1 million, and fewer than 50 employees.

The company operates in several industries: retail sale via mail order houses or via internet, management consultancy activities other than financial management, and other business support service activities. It also has a website, which is a little confusing, it seems to be a space mission partner, with a focus on communications satellites, Earth and space observation, and space exploration. It’s a little odd that a small London-based company is involved in such a high-tech industry.

Financially, Md Da Ltd’s picture is a little mixed. While it’s a small company, it’s not necessarily thriving. Accumulated amortisation impairment intangible assets are at zero, and so are fixed assets. Loans from directors decreased by 7.3%, but creditors also dropped by 7.3%, so it’s hard to say if that’s a good thing. Net assets liabilities are at -£14,000, which is not great, and net current assets liabilities are also at -£14,000. The company’s small size helps it stay nimble, but the negative equity and liabilities suggest it's burning through money, although it’s not clear if this is a startup phase or a longer-term trend. The accounts are unaudited, and no auditor is mentioned, which is common for small companies.

Registered in England/Wales under the registration number 09575914, with a registered address at W10 5UW, United Kingdom, London, 86 Flat 5, 86 Oxford Gardens.

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