Medina Publishing Limited

Medina Publishing Ltd from Cowes UK is a small, active company founded 16 years ago. With nine employees and £417,155 in assets, it’s a modest operation led by one director and owner. The company has a real address and operates as an irregular importer, primarily dealing with ships, boats, and floating structures, with just one month of imports recorded as of September 1, 2023.

The company’s website showcases a diverse catalog of books focused on the Arabian peninsula, with titles ranging from historical narratives to children's stories. It operates several imprints, including Arabian Publishing and Barzipan Publishing, and offers commissions, a trade catalogue, and merchandise. The website also features a blog and highlights select books, like "Mokee Joe ... is Coming!" and "Bittersweet, A Story of Food Yemen." It’s clear that the company is focused on niche publishing, catering to a specific audience interested in the region's culture and heritage.

Financially, Medina Publishing Ltd shows some concerning trends. While the company is exempt from an audit, the unaudited financial data reveals a significant drop in net assets, plummeting 22% to £560,000. Current assets also decreased by 38%, falling to £420,000. Bank borrowings, however, surged by 2,400%, reaching £440, and cash reserves took a hit, dropping 57% to £97,000. Debtors have also decreased significantly, falling 53% to £180,000. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it remain agile, but the sharp decline in equity and cash reserves suggests it may be burning through money. The decrease in debtors could be a sign of slower payments from customers, or it could be a strategic move to reduce risk.

Registered in England/Wales under the registration number 06841391, with a registered address at PO31 7RR, England, Cowes, Isle Of Wight, 50 High Street.

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