Md Linens Ltd

Md Linens Ltd, based in London, UK, is a small, active company established eight years ago. It operates as an e-commerce site with a single employee and holds £106,337 in assets. The company’s registered address is a virtual one, shared by many other businesses, and is managed by one director, with no owners officially listed. It regularly imports various textile products, sets, used clothing, and rags, with the last import activity recorded in December 1, 2024.

The company’s website showcases a range of bed sheets and related products, targeting customers with phrases like “dreamy comfort” and “premium quality.” It features product descriptions, customer testimonials, and even an Instagram feed—all hallmarks of a modern online retailer. The site also offers installment payments and bundle discounts, suggesting a focus on customer convenience and value.

Financially, Md Linens Ltd presents a mixed picture. While bank borrowings decreased by 25%, cash reserves increased slightly to £33,000. Creditors, however, decreased, and net assets increased significantly to £25,000. The company’s small size (meeting two of three criteria for a small company) allows for agility, but the rise in taxation and social security payable by 440% suggests potential cash flow pressures. The company’s accounts are described as "filleted" and unaudited, relying on director-reported data.

Overall, Md Linens Ltd seems to be navigating a period of change. The company’s e-commerce operations appear active, but the financial data indicates a need to carefully manage expenses and maintain a healthy cash flow. The lack of an auditor mentioned, combined with the reliance on unaudited accounts, means a cautious interpretation of the numbers is warranted.

Registered in England/Wales under the registration number 10730510, with a registered address at EC1V 2NX, United Kingdom, London, 128 City Road.

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