Mwf Innovations Limited

Mwf Innovations Ltd, based in Hertford, UK, is a small, active company established a decade ago. Founded by a solo entrepreneur, Fletcher Mark William, the business employs just one person and holds £25,867 in assets. While registered at a virtual address shared by 27 other companies, it operates as an importer of treated or layered fabrics for industrial use, with a sporadic import history spanning just one month as of March 2022.

The company’s primary focus appears to be facilitating the sale of decorating products via online e-commerce platforms, particularly Amazon. It acts as a reseller specialist, promoting brands and products through advertising campaigns and offering services like Amazon Fulfilment. The website highlights partnerships with brands like Arroworthy Classic and emphasizes global supply solutions for painting and decorating supplies. It even offers services to promote new products and increase sales for brands, catering to a wide audience of potential buyers. The site also mentions offering exclusive distributors for the Arroworthy Classic range and assisting brands in making their products easily found online.

Financially, Mwf Innovations Ltd presents a mixed picture. Accumulated amortisation impairment intangible assets increased by 37%, while bank borrowings jumped a staggering 99%. Cash bank on hand saw a healthy 43% increase, but creditors rose by 39%. A significant decrease of 98% in debtors is notable, and the company’s equity has declined by 33%. Current assets increased by 77%, but net current assets liabilities also increased by 33%. The company's small size—meeting two of three conditions for a small company—helps it remain agile, but the decline in equity suggests potential financial pressures. The unaudited financial statements, prepared using IRIS Accounts Production software, do not mention an auditor. It's worth noting that the director acknowledges the company has an insolvent balance sheet and will continue to support the business until it reaches a solvent position.

Registered in England/Wales under the registration number 09098252, with a registered address at SG14 1HD, England, Hertford, Herts, 6-7 Castle Gate, Castle Street.

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