Medley Outlet 786 Ltd

Medley Outlet 786 Ltd from Wakefield UK: small company, active status, founded 6 years ago, 1 employee, £2,111 assets, virtual address, 2 directors, 1 owner, e-commerce site. It's a small company as it met two conditions of three: turnover less than £10.2 million, balance sheet less than £5.1 million, employees less than 50. The last reported current assets is £2,111. The company operates in the retail sale via mail order houses or via internet, the sale of used cars and light motor vehicles industries. Officially, it has one owner or PSCs, two directors, and one employee.

The business’s website showcases a wide range of products across several categories, including car accessories, mobile phone cases, bicycle equipment, computer peripherals, pet supplies, gym gear, sports equipment, DIY tools, and toys. It clearly aims to be a one-stop-shop for various consumer goods. The site encourages visitors to allow cookies to improve the browsing experience and directs them to an eBay store for the latest offers. It’s a pretty standard e-commerce setup, relying on category listings and product images to drive sales.

Financially, Medley Outlet 786 Ltd’s numbers paint a concerning picture. Net assets have plummeted by a staggering 97%, leaving just £36 in equity. Cash reserves have also fallen significantly, dropping 25% to £2,100. Bank borrowings decreased, which is good, but the substantial drop in net assets and cash is worrying. Creditors also decreased, which is a positive sign, but it doesn’s offset the overall negative trend. The company’s small size means it’s likely exempt from an audit, so the figures are unaudited.

Overall, Medley Outlet 786 Ltd seems to be struggling financially. While the e-commerce site appears active, the sharp decline in equity suggests it's burning through cash. Whether it can turn things around remains to be seen, but the current trajectory is not sustainable.

Registered in England/Wales under the registration number 11323919, with a registered address at WF1 3PB, England, Wakefield, 89 Jacobs Well Lane.

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