Mtl 18 Ltd

Mtl 18 Ltd is a small, active company based in London, UK, founded three years ago in 2021. It holds £25,977 in assets and operates from a virtual address, a common situation for smaller businesses. The company has three directors and two owners, though the list of owners may not be exhaustive. It operates in the retail sale via mail order houses or via internet industries.

The company's website is unavailable, so it’s impossible to determine the specifics of its e-commerce operations. However, the description suggests a focus on online retail, likely selling products directly to consumers. Without a website to analyze, it's difficult to assess its branding, product range, or customer experience.

Financially, Mtl 18 Ltd shows a mixed picture. Cash bank on hand increased significantly by 870%, rising to £18,000, a positive sign of improved liquidity. However, creditors also increased by 85%, reaching £22,000, indicating potentially higher short-term liabilities. Current assets have improved by a whopping 740%, jumping to £26,000, while debtors have surged by 1200%, reaching £7,700. Equity, however, has taken a hit, decreasing by 150% to just £4,300. This suggests the company is burning through cash to grow, or perhaps facing increased costs. The company’s small size (meeting two of three conditions for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it remain nimble, but the decline in equity is concerning. With no auditor mentioned (likely exempt as a small company), the figures rely on unaudited statements.

Overall, Mtl 18 Ltd seems to be experiencing a period of rapid growth, but also facing financial pressures. The increased debt and decreased equity suggest the company is relying on borrowing to fund its operations. It's possible that the company is investing heavily in marketing or inventory to drive sales, but it will need to carefully manage its cash flow to avoid running into trouble.

Registered in England/Wales under the registration number 13367414, with a registered address at N3 1DH, United Kingdom, London, First Floor Winston House, 349 Regents Park Road.

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