Memfy Trading Ltd

Memfy Trading Ltd, based in Pinner, UK, is a small, active company founded seven years ago. With £90,042 in assets and a virtual address shared by 179 other companies, it’s a solo-founded operation managed by two directors and one owner, Memfy Shani Ruth. The business operates in the professional, scientific, and technical activities sector and enjoys a stellar 5.0 Google rating from four reviews. It’s an irregular importer, primarily dealing in leather goods, travel bags, and animal harnesses, with the last import occurring two months ago in January 2025.

The company’s website, Memfy, is dedicated to selling protective packaging solutions, specifically cases from Nanuk and HPRC. The site showcases a wide range of cases for cameras, drones, stabilizers, and other equipment, catering to both commercial and individual customers. It offers various sizes, materials, and custom foam inserts, emphasizing durability and protection. The website's design is clean and functional, with clear product categories and easy navigation. It also includes a blog with helpful articles on packaging and safety.

Financially, Memfy Trading Ltd presents a mixed picture. While current assets increased by 87% to £90,000, net assets liabilities decreased by 40% to £24,000. Cash bank on hand jumped a significant 290% to £2,300, which is a good sign. However, creditors also increased substantially, with a 710% rise to £67,000 within a year. Trade debtors rose by 85%, suggesting a need to manage customer payments more effectively. The company meets the criteria for a small business, with a turnover under £10.2 million, assets under £5.1 million, and less than 50 employees. The accounts are unaudited, which is typical for small companies.

Overall, Memfy Trading Ltd appears to be navigating the challenges of a small business. The company's strong online presence and focus on a niche market—protective cases—suggest potential for growth, but managing creditors and maintaining healthy cash flow will be key to its long-term success.

Registered in England/Wales under the registration number 10802800, with a registered address at HA5 5PW, England, Pinner, 52 High Street.

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