Memo Cash And Carry Limited

Memo Cash And Carry Ltd, based in London, UK, is a small, active company founded six years ago. It employs eleven people and holds assets valued at £1,013,211. The business, which has a real address and is managed by one director and owner, operates an e-commerce site and has garnered a perfect 5.0 Google rating from four reviews. It's a regular importer of plastics and plastic products, with 69 months of import activity recorded, the latest in February 2025.

The company’s operations center around the retail sale in non-specialised stores, and it appears to be a wholesale supplier. While the website is not available for review, the import history suggests a focus on supplying businesses with plastic goods. The company’s small size (meeting two of three conditions for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for agility, but it also means it’s vulnerable to market fluctuations.

Financially, Memo Cash And Carry Ltd presents a mixed picture. Cash bank on hand increased dramatically by 500%, reaching £330,000, a positive sign of improved liquidity. However, trade creditors have increased significantly by 81%, reaching £590,000, which could indicate challenges in managing supplier payments. Net assets increased by 42% to £280,000, which is good. Bank borrowings decreased slightly by 2.8%, reaching £43,000. The company’s net current assets increased by 160%, reaching £180,000. With no auditor mentioned (likely exempt as a small company), the figures rely on unaudited statements.

The company’s success hinges on maintaining its Google rating and securing consistent import deals. The increase in creditors suggests a need to carefully manage supplier relationships, and the company should monitor its cash flow to ensure it can meet its obligations. The company’s director, Demir Mehmet, appears to be actively involved in both the management and ownership of the business.

Registered in England/Wales under the registration number 11798042, with a registered address at E10 7QE, United Kingdom, London, London, 3 Argall Avenue.

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