Megaflatables Limited
- Active
- Small
- 15 years
- 9 employees
- £606,608 (cur assets)
- 1m-15m
- Regular importer
- Regular exporter
- Virtual address
- 1 director
- 1 owner
- Chelmsford
- 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
Megaflatables Ltd, based in Colchester, UK, is a small, active company founded fourteen years ago in 2010. With eleven employees and £627,153 in assets, it operates from a virtual address – a detail worth noting as 119 companies are registered at the same location. The business is led by one director and one owner, Spence John Peter. It regularly imports toys, games, and sports equipment (eighteen months of import activity, latest in November 2024), but exports printed materials like books and newspapers irregularly (just two months of export activity, latest in September 2023).
The company’s website is unavailable, making it difficult to ascertain the specifics of its operations beyond the import/export data. It appears to be involved in media representation services.
Financially, Megaflatables Ltd presents a mixed picture. Current assets have decreased by 5%, reaching £630,000. Bank borrowings have also fallen, dropping by 29% to £180,000, and cash reserves have declined by 38% to £120,000. Trade debtors have significantly increased by 64%, reaching £270,000, which could indicate delayed customer payments. Equity, however, has risen by 60%, reaching £260,000, which is a positive sign. The company meets the criteria for being a small company, with turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. As a small company, it is exempt from an audit, and the financial statements are unaudited.
The rise in trade debtors, coupled with the drop in cash reserves, suggests that Megaflatables Ltd may be experiencing some cash flow challenges. However, the increase in equity and the decrease in bank borrowings are encouraging signs. It’s a bit unclear how the company manages its finances, but the overall picture isn’t dire.
Registered in England/Wales under the registration number 07412548, with a registered address at CM1 3WT, England, Chelmsford, Essex, The Old Grange Warren Estate, Lordship Road.
WARNING: The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Ports, countries, transport, and price/kg were calculated by CorpSignals; non-official data, may contain errors.
Owners & PSC
-
Individual
- 9 years
- 3
- 50%+
-
Resident of United Kingdom
Managers
-
Individual
- 15 years
- 2
-
Resident of United Kingdom
Last reports
The latest confirmation statement submitted four months ago.
Last news
-
Confirmation statement made on 2025-11-11 with updatesDownload 5 pages pdf report
-
Change of details for Mr John Peter Spence as a person with significant control on 2025-09-01Download 2 pages pdf report
-
Total exemption full accounts made up to 2024-10-31Download 8 pages pdf report
Importer profile by HS codes
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Import HS codes in detail
Last imported products
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* Warning: Ports, countries, transport, and price/kg were calculated by CorpSignals; non-official data, may contain errors.
Exporter profile by HS codes
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Export HS codes in detail
Last exported products
Click on items to see detailed UK statistics on HS code, including companies list.
* Warning: Ports, countries, transport, and price/kg were calculated by CorpSignals; non-official data, may contain errors.
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