Mhr-distributor Ltd

Mhr Distributor Ltd is a small, active company based in London, UK, founded two years ago. It holds just £4,882 in assets and operates from a virtual address, a common characteristic for many online businesses. The company is led by a single director and owner, who also serves as the solo founder. It’s classified as a small company, meeting two of three conditions: turnover under £10.2 million, balance sheet total under £5.1 million, and fewer than 50 employees.

The company operates in the retail sale via mail order houses or via internet industries. Its website, MHRDistributor LTD, focuses on bulk purchases, offering discounts and emphasizing ease of ordering. The site is divided into categories like Health & Beauty, Kitchenware, Business & Office, and Pet Supplies, catering to small local businesses. The company’s stated goal is to help these businesses succeed by providing high-quality products at competitive prices. It also highlights its commitment to excellent customer service and building strong relationships with its clients.

Financially, Mhr Distributor Ltd presents a mixed picture. Current assets remain steady at £4,882, but net assets are negative at -£660. This indicates the company is operating at a loss, with liabilities exceeding assets. Bank borrowings are not mentioned, but creditors stand at £5,500, suggesting ongoing obligations. The lack of employees (zero reported) points to a very lean operation. With no auditor mentioned (likely exempt as a small company), the unaudited figures rely on director-reported data.

While the company’s online presence suggests a focus on efficient order fulfillment and customer satisfaction, the negative equity and reliance on creditors suggest it’s burning through money. Whether this is a temporary situation as the business establishes itself, or a longer-term challenge, remains to be seen.

Registered in England/Wales under the registration number 14669137, with a registered address at EC2A 4NE, United Kingdom, London, England, 86-90 Paul Street.

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