Msar Ltd

Msar Ltd from London UK: small company, active status, founded 20 years ago, 2 employees, £259,093 assets, virtual address, 1 director, 1 owner, solo founder. Regular importer of toys, games, and sports equipment (6 months imported). Regular exporter of vehicles, parts, and accessories (not for trains or trams) (7 months exported). It’s a small business, meeting two of three conditions to be considered small: turnover under £10.2 million, balance sheet total under £5.1 million, and fewer than 50 employees. The company is active, and was incorporated twenty years ago on December 14, 2004. The address is probably virtual as 356 companies registered at the same address.

The company operates in the motion picture production activities industries. It’s a regular importer, with its top import category being Toys, games, and sports equipment, totaling 6 months of imports. The last import operation was conducted on June 01, 2024. It’s also a regular exporter, with its top export categories including Vehicles, parts, and accessories (not for trains or trams), totaling 7 months of exports. The last export operation took place on September 01, 2024. Sanders Malcolm is both the director and owner of the company, and is the sole trader.

The company’s website, msar.co.uk, is a motorsport shop selling race wear and equipment. It offers a wide range of products, including helmets, harnesses, extinguishers, and seats, from top brands like Alpinestars, Arai, and Sparco. It caters to both professional motorsport enthusiasts and track day drivers. The site also features a clearance section and links to bank transfer information. It’s clear that the company has a physical showroom in London.

Financially, Msar Ltd shows some concerning trends. Bank borrowings have increased significantly by 120%, reaching £22,000, while cash reserves have plummeted 86%, leaving just £500. Creditors have also risen by 11%, reaching £250,000. While current assets have increased by 15%, reaching £300,000, and debtors have increased by 640%, reaching £32,000, the sharp decline in cash and the increase in debt suggest the company is burning through money. The decrease in intangible assets and property plant equipment also raises questions about the company’s long-term investments. The company’s small size (meeting two of three criteria for being small) helps it stay agile, but the financial pressures are evident. With no auditor mentioned, the figures rely on unaudited statements. It's likely that the company is facing increased costs or slower sales, but further investigation is needed to determine the root cause.

Registered in England/Wales under the registration number 05313080, with a registered address at W1T 4RN, United Kingdom, London, 1st Floor Arthur Stanley House, 40-50 Tottenham Street.

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