Melibu Ltd

Melibu Ltd is a small, active company based in London, UK, founded three years ago in February 2022. It operates from a real address and is led by one director and one owner. The company specializes in the wholesale of fruit and vegetables, as well as retail sales via mail order and internet industries. It’s a small business, meeting two of three conditions: turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees.

The company’s website, Malibu Bathrooms Kitchens, showcases a 30,000 sq ft showroom in north London offering a wide range of tiles and bathroom appliances. It caters to both residential and commercial clients, offering services from design to installation. The site highlights completed projects and emphasizes a focus on quality and customer service. It’s clear that the company is operating as an e-commerce business with a physical showroom, and the website is well-designed and informative.

Financially, Melibu Ltd shows some concerning trends. Cash bank on hand dropped by 20% to £34,000, while creditors increased by 56% to £19,000—a sign of increased short-term debt. Loans from directors surged to £17,000, suggesting a need for external funding. On the positive side, trade creditors decreased by 92% to £1,000, indicating better management of supplier payments. Equity increased slightly to £31,000. The company’s small size and lack of employees (zero reported) keeps overhead low, but the increase in debt raises questions. The accounts are unaudited, and no auditor is mentioned, which is typical for small companies.

Overall, Melibu Ltd appears to be navigating a challenging financial landscape. While the website and showroom suggest a thriving business, the financial data hints at potential cash flow issues. Whether the company can sustain its growth and manage its debt remains to be seen—but for now, it’s betting on its showroom appeal and online presence to keep things moving.

Registered in England/Wales under the registration number 13931222, with a registered address at E10 5QW, England, London, 3 Osborne Road.

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