Mughal E-tradings Ltd

Mughal E Tradings Ltd from Luton UK is a small, active company founded two years ago. It's a solo founder operation with one director and owner, registered at a real address. The company operates in the retail sale via mail order houses or via internet industries. Officially, it has one owner or PSCs, one director and no number of employees published.

The company's website, while not fully detailed, suggests a focus on e-commerce. It appears to be selling goods online, likely targeting consumers directly. There's no clear indication of a physical store presence, reinforcing the impression of a primarily internet-based business.

Financially, Mughal E-tradings Ltd presents a mixed picture. While it’s a small company (meeting two of three conditions: turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees), its equity is currently at -£5,400. Cash reserves are stable at £1,500, but creditors are at £6,900, and loans from directors are also at £6,900. The accounts are filleted and unaudited, and were prepared using Taxfiler software. It’s worth noting that the company is entitled to exemption from audit under the Companies Act.

The negative equity suggests the company is burning through money, although it’s likely a consequence of startup costs and initial investment. The stable cash position and the lack of employees (zero reported) indicate a lean operation. The absence of an auditor, common for small companies, means the figures are self-reported and haven't been independently verified. It’s possible that the company is reinvesting profits back into the business, which could explain the negative equity, but it’s something to keep an eye on.

Registered in England/Wales under the registration number 14806320, with a registered address at LU3 2UH, England, Luton, 10 Ereswell Road.

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