Murat Trend Ltd

Murat Trend Ltd is a private limited company registered in England/Wales with the registration number 14812500. The company was founded one year ago on April 18, 2023, and registered at N22 8HH, London, Dept 5652 196 High Road, Wood Green. The address is probably real as only one company registered at the same address. Its status is active. 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 one employee. It’s a small company as it met two conditions of three: turnover less than £10.2 million, balance sheet less than £5.1 million, employees less than 50.

The company's website, YachtCharterFleet, is a comprehensive platform for luxury yacht charter bookings. It acts as a marketplace, connecting potential clients with a global network of yacht charter brokers. The site showcases a vast selection of yachts—over 3,800—and provides detailed information on destinations, yacht types, and onboard amenities. It’s clearly an e-commerce business, facilitating bookings and offering expert advice through destination guides and bespoke itineraries. The site is very modern and uses a lot of images, and it’s clear that they are trying to appeal to a luxury market.

Financially, Murat Trend Ltd is showing some concerning trends. While the company’s administrative expenses remained steady at £6,000, its equity has remained at -£2100, indicating accumulated losses. Net assets and current assets are also negative, at -£2100. Bank borrowings are at £2100, and cash reserves are at zero. The company's operating profit loss is -£2900. The fact that the company is showing a loss is not uncommon for a new business, but the lack of cash reserves is a worry. The accounts are abridged and unaudited, and no auditor is mentioned. It’s a small company, and therefore exempt from an audit, which means the figures are based on the director’s own reporting.

Overall, Murat Trend Ltd appears to be a small startup facing some financial challenges. While the website suggests a focus on a high-end market, the company's financial situation indicates that it's burning through money. It’s likely that the company is relying on its director, Ozdemir Murat, to keep things running smoothly, but the long-term viability of the business remains uncertain.

Registered in England/Wales under the registration number 14812500, with a registered address at N22 8HH, London, Dept 5652 196 High Road, Wood Green.

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