Monai African Caribbean & Asian Superstore Ltd
- Small
- Active
- 2 years
- 1 employee
- Real address
- 1 director
- 1 owner
- Solo founder
- E-commerce
- Rating 5.0 (16)
Two conditions of three:
1.Turnover < £10.2 million
2.Balance sheet total < £5.1 million
3.Average number of employees < 50
Field of Operation
Website
Phones
Summary
Monai African Caribbean & Asian Superstore Ltd, based in Queenborough, UK, is a small, active company founded just two years ago. It’s a solo-founder operation with one director and one employee, operating a real address and an e-commerce site with a stellar 5.0 Google rating from 16 reviews. The company’s core business involves retail sale in non-specialised stores with food, beverages or tobacco predominating, retail sale via mail order houses or via internet, and other retail sale in non-specialised stores.
The website showcases a wide range of products, from drinks and groceries to fish, meat, and ethnic foods. It emphasizes fast delivery, quality guaranteed, and 24/7 online support—typical hallmarks of a modern e-commerce business. The site’s design is clean and functional, with clear product categories and a simple checkout process. It’s clear that Monai Superstore is aiming to serve the African, Caribbean, and Asian diaspora in the UK with authentic and hard-to-find goods.
Financially, Monai African Caribbean & Asian Superstore Ltd paints a concerning picture. Cash bank on hand has completely vanished, dropping 100% to zero, and current assets have followed suit. Equity, including retained earnings and share capital, has also plummeted to zero. Creditors and other creditors have also disappeared, and fixed assets are down 100% too. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) does allow for agility, but the complete depletion of assets suggests a serious cash flow problem. The lack of employees, with only one reported, hints at a lean operation, but also potentially limits its ability to scale. As a small company, it’s exempt from an audit, so the figures rely on unaudited director-reported data.
While the e-commerce site looks well-maintained and receives positive reviews, the financials reveal a company struggling to stay afloat. It’s possible that the business is experiencing typical startup turbulence, but the complete disappearance of assets raises serious questions about its long-term viability.
Registered in England/Wales under the registration number 14122025, with a registered address at ME11 5TS, England, Queenborough, 12 Tomas Seth Business Park, Argent Road.
WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Owners & PSC
-
Individual
- Bello-ilupeju Nafisat
- 2 years
- 75%+
-
Resident of United Kingdom
Managers
-
Individual
- Bello-ilupeju Nafisat
- 2 years
-
Resident of United Kingdom
Last reports
The latest confirmation statement submitted ten months ago.
Last news
-
Total exemption full accounts made up to 2024-05-31Download 5 pages pdf report
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Confirmation statement made on 2024-05-19 with no updatesDownload 3 pages pdf report
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Compulsory strike-off action has been discontinuedDownload 1 page pdf report
FAQ about Monai African Caribbean & Asian Superstore Ltd
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