Muzac Ltd.

Muzac Ltd from Ilford UK: small company, active status, founded 12 years ago, 2 employees, £29,001 assets, real address, 1 director, 1 owner, e-commerce site. 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 last reported current assets is £29,001.

Based in Ilford, England, Muzac Ltd operates a modest e-commerce business. Founded in 2012, the company has maintained an active status, employing just two people and holding a real registered address. It's a family affair, with one director and owner, Shah Yasir Ali, at the helm. While the specific details of their online store are unavailable, it’s clear they’re engaged in retail sales via the internet, alongside offering information technology consultancy and other business support services.

The company’s website is not available for review, so it’s difficult to determine the exact nature of their e-commerce operations. However, the listed industries suggest a diverse range of services, potentially catering to both consumers and businesses.

Financially, Muzac Ltd presents a mixed picture. While net assets increased slightly to £13,000, current assets experienced a significant drop of 31%, falling to £29,000. Bank borrowings decreased, which is a positive sign, but trade debtors also declined substantially—nearly 47%—indicating potential issues with collecting payments. Creditors also decreased, which could be a good thing, but the overall trend suggests the company is facing some financial pressure. The company’s small size means it’s likely exempt from an audit, so these figures are unaudited. It's a little concerning that the company is losing money, but it's not uncommon for a small business.

Registered in England/Wales under the registration number 08169423, with a registered address at IG1 1YT, England, Ilford, Maisonette Floor, 250 Raphael House,, High Road.

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