Melny Import & Export Ltd

Melny Import & Export Ltd, based in London, UK, is a small, active company founded two years ago. With just one employee and £12,318 in assets, it’s a solo venture led by a single director and owner. The company operates from a virtual address, registered alongside 156 other businesses, which raises some questions about its physical presence.

The company’s activities span several industries, including agents involved in the sale of a variety of goods, non-specialised wholesale trade, retail sale via mail order houses or via internet, and management consultancy activities. While a website isn's available to analyze, this suggests a diverse range of services, potentially catering to both domestic and international markets.

Financially, Melny Import & Export Ltd presents a mixed picture. Cash reserves have increased by a substantial 260%, reaching £8,800, a positive sign of improved liquidity. However, creditors have also risen, with both short-term and long-term obligations increasing. Trade debtors have seen a significant drop, which could indicate difficulties in collecting payments or a deliberate shift in credit policy. Equity has also declined, suggesting the company is burning through its retained earnings. Despite this, net assets liabilities remain stable. The company’s small size—meeting two of three criteria for a small company—allows for flexibility, but the declining equity warrants closer attention. No auditor is mentioned, as is typical for small companies.

Overall, Melny Import & Export Ltd appears to be navigating early-stage challenges. The increase in cash is encouraging, but the company needs to manage its creditors and maintain a stable equity position to ensure long-term sustainability.

Registered in England/Wales under the registration number 14181559, with a registered address at N15 5EA, England, London, England, C/O Dirench & Co 151 West Green Road, Seven Sisters.

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