Mmt Assets Ltd

MMT Assets Ltd is a small, active company registered in London, UK. Founded four years ago in August 2020, it employs just two people and operates from a virtual address shared by many other businesses – over 47,000, in fact. The company has two directors and one owner, Popoola Ladipo, and is overseen by Fanla & Co as its auditor.

The company’s activities span a diverse range, including retail sales via mail order and internet, acting as licensed carriers, and even buying and selling its own real estate. Its website, MMT Partnership, positions itself as a provider of real assets advisory and asset management services, focusing on infrastructure and real estate investment markets. They offer services like secondments, project monitoring, technical advisory, and development management, catering to funders, investors, and developers. The website’s focus on expertise and collaboration suggests a B2B model, rather than direct consumer sales.

Financially, MMT Assets Ltd’s situation presents a mixed picture. While the company is exempt from an audit, its unaudited accounts reveal a concerning trend. Net assets have plummeted by 29%, now standing at -£450. Bank borrowings have increased by 40% to £350, and creditors have also risen by 29% to £450. Although the company is small, meeting two of three criteria for a small company, the declining equity and rising liabilities suggest it’s burning through cash. Cash reserves are not reported, and the lack of employees (just two) points to a lean operation, but the negative equity raises questions about its long-term viability. It’s likely the company is facing challenges in converting its advisory services into sustainable profits.

Registered in England/Wales under the registration number 12845787, with a registered address at EC1V 2NX, United Kingdom, London, 128 City Road.

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