Midan Market Ltd

Midan Market Ltd from Greenford UK: a small, active company founded four years ago, employs eight people, and holds £149,495 in assets. With a real address and a single director and owner—a solo founder—it maintains a solid 4.0 Google rating based on 425 reviews. The company regularly imports prepared or preserved plant-based foods, with 13 months of import activity recorded, the last in November 3024.

The company operates as agents involved in the sale of food, beverages, and tobacco. It’s a small business, meeting two of three criteria: turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. Its website, while not detailed, suggests a focus on wholesale distribution rather than direct-to-consumer sales. It’s unclear if the company has an e-commerce presence.

Financially, Midan Market Ltd shows a mixed picture. Accumulated depreciation increased by 49%, reflecting investment in property, plant, and equipment, but cash bank on hand rose by 54% to £24,000. Creditors increased by 31% to £160,000, while net assets grew by 160% to £92,000—a positive sign. The number of employees, however, jumped significantly by 110% to 17, which could be a temporary surge or a sign of expansion. It’s worth noting that trade debtors fell to zero, which could indicate efficient collections or a change in credit policies. The company’s small size allows it to remain agile, but the increase in creditors warrants monitoring. The accounts are abridged and unaudited, and no auditor is mentioned, which is typical for a small company.

In short, Midan Market Ltd appears to be growing, but managing its finances carefully will be key to sustaining its progress.

Registered in England/Wales under the registration number 12863828, with a registered address at UB6 8SH, England, Greenford, 500 Greenford Road.

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