Mk Bazaar Ltd

Mk Bazaar Ltd, based in Surbiton, UK, is a small, active company founded six years ago. It holds £50,552 in assets and operates from a real address, managed by one director and owner. The company is an irregular importer of paper and paperboard products, with just one month of import activity recorded as of November 2024. It also operates in the wholesale of fruit and vegetable juices, mineral water, and soft drinks industries.

The company’s website, Bazaar Foods, showcases a wide range of authentic Asian groceries, from fresh produce and flours to pickles, kitchenware, and health products. It operates as an online store with a focus on convenience and competitive pricing, offering same-day local delivery over £30. The site also highlights a commitment to quality, sourcing products from world-leading Asian brands. It seems like they are doing ecommerce.

Financially, Mk Bazaar Ltd presents a mixed picture. Current assets decreased by 27% to £51,000, while net assets increased by 29% to £53,000. Bank borrowings decreased by 40%, reaching £10,000, and cash reserves increased by 39% to £42,000. Creditors decreased by 42%, suggesting better debt management. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it stay agile. The company's total inventories decreased by 77% to £8,900. With no auditor mentioned (likely exempt as a small company), the figures rely on unaudited statements.

Overall, Mk Bazaar Ltd appears to be holding its own, with a growing asset base and improved cash flow. However, the decrease in inventories suggests a possible slowdown in purchasing or increased sales. It's a small business navigating the challenges of the online grocery market, relying on its niche offering and customer service to thrive.

Registered in England/Wales under the registration number 11695739, with a registered address at KT6 7JT, England, Surbiton, 82 Cranborne Avenue.

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