Mvc Promo Ltd
- Small
- Active
- 19 years
- 1 employee
- £50,000 (assets)
- Real address
- 1 director
- No owners
- Regular importer
- Regular exporter
Two conditions of three:
1.Turnover < £10.2 million
2.Balance sheet total < £5.1 million
3.Average number of employees < 50
Field of Operation
Website
Summary
Mvc Promo Ltd, based in London, UK, is a small, active company established nineteen years ago in 2005. With just one employee and £50,000 in assets, it’s a compact operation managed by a single director and lacking any officially listed owners. The company operates from a storage facility, a real address, and has a history of importing electrical machinery and equipment for 26 months, with the last import occurring in September 2022. It also exports optical and medical tools and devices, though for a shorter period of six months, with the last export in June 2022. The company's website highlights its focus on providing IT technology products and services to businesses and educational institutions, even expanding its reach to Europe.
Mvc Promo Ltd's website positions it as a provider of cutting-edge IT technology, offering both hardware and software solutions. It emphasizes quality assurance, a customer-centric approach, and innovation, even showcasing a custom-made gaming PC and offering website creation services through Webador. The site also features testimonials from satisfied customers, reinforcing its commitment to reliable products and exceptional customer care. The company’s reach extends to B2B trade and educational institutes across the UK, and it’s actively pursuing opportunities in the European market.
Financially, Mvc Promo Ltd presents a mixed picture. Current assets have plummeted by a staggering 77%, dropping to just £50,000, while bank borrowings have increased to £18,000. Cash reserves have vanished entirely, falling 100% to zero. Equity has also taken a hit, with a significant drop of 24000%. Trade debtors have fallen dramatically, and creditors have also decreased, suggesting improved debt management. The company’s small size, meeting two of three criteria for a small company, helps it maintain agility, but the sharp decline in assets and cash raises concerns. As a small company, it is exempt from an audit, and the financial statements are unaudited. The company’s financial data shows a concerning trend, suggesting it's burning through money.
Registered in England/Wales under the registration number 05525900, with a registered address at W3 6EQ, England, London, 12 Jenner Avenue Big Yellow Storage.
WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Managers
-
Individual
- Latif Muhammed Zahid
- 8 years
- 2
-
Resident of United Kingdom
Last reports
The latest confirmation statement submitted ten months ago.
Last news
-
Total exemption full accounts made up to 2024-02-29Download 8 pages pdf report
-
Registered office address changed from Office 14 Big Yellow Storage 12 Jenner Avenue W3 6EQ England to 12 Jenner Avenue Big Yellow Storage London W3 6EQ on 2024-07-09Download 1 page pdf report
-
Confirmation statement made on 2024-05-17 with no updatesDownload 3 pages pdf report
Importer profile by HS codes
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Last imported products
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Exporter profile by HS codes
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FAQ about Mvc Promo Ltd
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