Mw Bargain Ltd
- Active
- Small
- 5 years
- 1 employee
- £40,495 (cur assets)
- 0-1m
- Regular importer
- Real address
- 1 director
- 1 owner
- Southport
- E-commerce
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
Summary
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.
Ports, countries, transport, and price/kg were calculated by CorpSignals; non-official data, may contain errors.
Owners & PSC
-
Individual
- 5 years
- 1
- psc
-
Resident of United Kingdom
Managers
-
Individual
- 5 years
-
Resident of United Kingdom
Last reports
The latest confirmation statement submitted one month ago.
Last news
-
Confirmation statement made on 2025-12-28 with no updatesDownload 3 pages pdf report
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Total exemption full accounts made up to 2024-12-31Download 5 pages pdf report
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Confirmation statement made on 2024-12-28 with no updatesDownload 3 pages pdf report
Importer profile by HS codes
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Import HS codes in detail
Last imported products
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* Warning: Ports, countries, transport, and price/kg were calculated by CorpSignals; non-official data, may contain errors.
FAQ about Mw Bargain Ltd
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