Md Marketing Ltd
- Small
- Active
- 3 years
- £315,686 (assets)
- Real address
- 1 director
- 1 owner
Two conditions of three:
1.Turnover < £10.2 million
2.Balance sheet total < £5.1 million
3.Average number of employees < 50
Field of Operation
Website
Summary
Md Marketing Ltd is a small, active company registered in London, UK, founded three years ago in June 2021. With £315,686 in assets, a real address, and a single director and owner, it operates in a diverse range of industries, including wholesale of textiles, non-specialised wholesale trade, retail via mail order houses or via internet, and other service activities. The company’s website, while not providing detailed operational information, suggests a focus on B2B wholesale and potentially some retail activities.
The company’s core business appears to be facilitating trade, connecting suppliers with buyers across various sectors. While no dedicated e-commerce presence is evident, the inclusion of “retail sale via mail order houses or via internet” indicates some online sales activity. The lack of a detailed website makes it difficult to assess the scale of its online operations.
Financially, Md Marketing Ltd shows a mixed picture. Cash bank on hand has plummeted by a staggering 95%, dropping to just £240, a concerning trend. Creditors have increased by 4.2% to £350,000, while current assets have decreased by 7.6% to £320,000. Debtors have seen a significant jump of 34%, reaching £75,000, which could indicate increased sales but also potential collection issues. Equity has taken a severe hit, with retained earnings and accumulated losses plummeting by 2600%, resulting in a negative equity of -£39,000. Despite these challenges, the company’s small size (meeting two of three conditions for a small company) allows for agility. The accounts are unaudited, and no auditor is mentioned, which is common for small companies.
The company’s rapid decline in cash reserves and negative equity are worrying signs. While increased debtors could be a result of higher sales, the overall financial picture suggests Md Marketing Ltd is burning through money. The lack of detail on the website and the absence of an auditor make it difficult to fully assess the company’s health, but the financial data paints a picture of a company struggling to maintain its financial stability.
Registered in England/Wales under the registration number 13452221, with a registered address at N5 2ER, England, London, Suite 156, Unit 408 Screenworks 22 Highbury Grove.
WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Owners & PSC
-
Individual
- Tatli Dogus
- 3 years
- 75%+
-
Resident of Turkey
Managers
-
Individual
- Tatli Dogus
- 3 years
-
Resident of Turkey
Last reports
The latest confirmation statement submitted one year ago.
Last news
-
Cessation of Mustafa Orhonlu as a person with significant control on 2024-04-01Download 1 page pdf report
-
Change of details for Mr Dogus Tatli as a person with significant control on 2024-04-01Download 2 pages pdf report
-
Confirmation statement made on 2024-04-09 with updatesDownload 4 pages pdf report
FAQ about Md Marketing Ltd
Looking for leads in the UK?
Try our FREE App—access UK datasets with limited features!