Mw Bargain Ltd

Mw Bargain Ltd, based in Southport, UK, is a small, active company founded four years ago. It employs just one person and holds £30,754 in assets, operating from a real address and managed by a single director and owner. The business runs an e-commerce site and regularly imports ceramic products, with the last import operation occurring in February 1995.

The company’s website, MX Wholesale UK, showcases a vast range of products, from home and garden items to health and beauty supplies, stationery, and even toys and games. It functions as a wholesale supplier and pound shop supplier, catering to retailers and small businesses. The site emphasizes competitive pricing, free next-day delivery on orders over £200, and a wide selection of brands. It’s a busy operation, with a large number of product categories.

Financially, Mw Bargain Ltd shows some concerning trends. Cash bank on hand has plummeted by a significant 81%, dropping to just £880. Creditors have increased by 91%, reaching £47,000, while other creditors have ballooned by 290%, reaching £33,000. Total inventories have also increased by 61%, reaching £22,000. Equity has taken a severe hit, with retained earnings and accumulated losses dropping by 150%, resulting in a negative equity of -£930. Net current assets have declined dramatically, falling by 99%, to -£16,000. The company's small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it remain flexible, but the decline in equity and negative net current assets raise questions about its financial health. As a small company, it’s exempt from an audit, so the figures are unaudited. Rostam Mohamad Wali is both the director and owner of the company.

Registered in England/Wales under the registration number 13100312, with a registered address at PR8 1DW, England, Southport, 8 Eastbank Street.

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