Molloy Hale Ltd

Molloy Hale Ltd from Altrincham UK: a small company with an active status, was founded 15 years ago in 2010. It employs just one person and holds £31,889 in assets, operating from a real address. With one director and owner, the company is an irregular importer of furniture, lighting, and prefabricated buildings, with just one month of import activity recorded as of December 2022. The company operates in the other specialised construction activities n.e.c. industries.

The company’s website is currently unavailable, making it difficult to ascertain the specifics of its operations beyond the limited information provided in the report. It’s unclear whether the company engages in e-commerce or primarily operates through other channels.

Financially, Molloy Hale Ltd presents a mixed picture. While cash reserves increased by 44% to £240, current assets only grew slightly, by 2.1% to £32,000. Trade debtors, however, jumped significantly, by 160% to £4,600, which could indicate a change in payment terms or potentially some outstanding invoices. Equity took a hit, dropping 29% to -£30,000, suggesting the company is burning through capital. Creditors also increased by 11% to £63,000. The company’s small size (meeting two of three conditions for being small) helps it remain nimble, but the decline in equity warrants attention. The company’s accounts are unaudited, as is common for small companies.

The company's financial data suggests it's facing challenges, despite a small increase in cash. The increase in debtors and the decrease in equity are concerning, and it’s possible the company is struggling to manage its cash flow. It is likely that the company is not making a profit, and it is burning through its capital.

Registered in England/Wales under the registration number 07230518, with a registered address at WA15 9SQ, England, Altrincham, Ollerbarrow House 209-211 Ashley Road, Hale.

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