Mdina Italia Ltd.
- Small
- Active
- 4 years
- 1 employee
- £356,048 (assets)
- Virtual address
- 1 director
- 1 owner
- Regular importer
- Irregular exporter
- E-commerce
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
Mdina Italia Ltd from Weymouth UK: a small, active company founded four years ago, employs just one person, and holds £356,048 in assets. It operates from a virtual address, managed by a single director and owner. The company regularly imports vehicles, parts, and accessories (excluding trains and trams) – four months of import activity recorded, with the latest in January 2025 – but exports irregularly, with only one month of activity in June 2021.
The company’s website, mdinaitalia.co.uk, showcases a specialized business: selling and restoring classic Italian motorcycle parts. It boasts the largest stocks of Ducati and Moto Morini spares in the world, catering to enthusiasts and professionals alike. The site's design is fresh and improved, with easy navigation, and offers a wide range of products, including new and used parts, from bodywork to engines. It also emphasizes fast delivery and expert support, and even offers a UK-based phone line.
Financially, Mdina Italia Ltd’s report shows some concerning trends. Accrued liabilities have decreased, which is good, but cash bank on hand has fallen by 24% to £7,700. Creditors have increased by 8%, and bank borrowings have doubled to £2, which is a bit worrying. The company’s small size—meeting two of three conditions for being a small company—helps it stay nimble, but the decline in cash reserves and increase in debt suggest it’s burning through money. Trade debtors have also increased significantly, by 210%, which could mean they are struggling to get paid. There’s no mention of an auditor, likely due to its small size and exemption from an audit.
Despite these challenges, the company’s focus on a niche market – classic Italian motorcycles – and its strong online presence could provide a buffer. However, the financial data suggests a need for careful management to ensure its long-term sustainability.
Registered in England/Wales under the registration number 12783095, with a registered address at DT4 9TH, United Kingdom, Weymouth, Dorset, 14a Albany Road Granby Industrial Estate.
WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Owners & PSC
-
Individual
- 4 years
- 25%+
-
Resident of United Kingdom
Managers
-
Individual
- 4 years
-
Resident of United Kingdom
Last reports
The latest confirmation statement submitted eleven months ago.
Last news
-
Total exemption full accounts made up to 2024-03-31Download 8 pages pdf report
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Confirmation statement made on 2024-07-31 with no updatesDownload 3 pages pdf report
-
Registered office address changed from Suite E2, 2nd Floor the Octagon Middleborough Colchester Essex CO1 1TG England to 14a Albany Road Granby Industrial Estate Weymouth Dorset DT4 9th on 2024-04-19Download 1 page pdf report
Importer profile by HS codes
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Last imported products
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Exporter profile by HS codes
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Last exported products
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FAQ about Mdina Italia Ltd.
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