Megahost Limited

Megahost Limited is a small, active company based in London, UK, founded two years ago in December 2022. It’s a solo venture, managed by a single director and owner, Akuma Chukwudi David, and employs just one person. The company holds £786 in assets and operates from a virtual address shared by 4534 other businesses, a little odd really. It’s a small company, meeting two of three conditions: turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees.

Megahost Limited appears to be involved in a diverse range of activities, including retail sales via mail order and the internet, IT consultancy, data processing, and hosting. However, its website simply states “Coming soon,” which is a bit disappointing. It’s launching soon, so keep an eye out.

Financially, Megahost Limited’s situation is a little confusing. Current assets are only £790, a little low, and net assets are a mere £160. The company reported a loss of £480, and dividends paid were £2000. Bank borrowings are £1000, and cash on hand is £790. It seems like they're operating on a tight budget, and the directors loan of £1000 is a little concerning. There's no auditor mentioned, which is typical for a small company like this. The administrative expenses are £3800, which is a lot for just one employee. It’s a bit of a mixed bag, really.

Registered in England/Wales under the registration number 14545420, with a registered address at EC1V 2NX, United Kingdom, London, 124 City Road.

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