# MALA LEATHER LTD (06076928)

> MALA LEATHER LTD is an active private limited company (company number 06076928) incorporated on 1 February 2007, registered in Tamworth. Its registered activity is wholesale of clothing and footwear (SIC 46420). Latest micro accounts cover the period ending 28 February 2025, showing net assets of £270k, with 5 employees on average. As micro-entity accounts, no profit and loss account is filed, so turnover and profit are not public. Net assets fell 36% on the prior period (£422k).

- Status: Active
- Incorporated: 2007-02-01
- Registered office: Tamworth, B77 1AG
- SIC 46420: Wholesale of clothing and footwear
- Next accounts due: 2026-11-28
- Confirmation statement due: 2027-02-15
- Accounts type: MICRO ENTITY

By net assets it sits in the top quarter of 296 comparable companies in Birmingham (median £1,778, upper quartile £33k).

## Accounts (as filed)

| Period end | Net assets | Cash | Debtors | Creditors <1y | Turnover | Profit | Employees |
|---|---|---|---|---|---|---|---|
| 2025-02-28 | £270k | — | — | £282k | — | — | 5 |
| 2024-02-29 | £422k | — | — | £302k | — | — | 5 |

current ratio 1.87; size band micro.

## Filing and accounts signals (facts, not a rating)

- Net assets above zero: Net assets £269,718 at 28 February 2025
- Net assets down 25% or more on the prior period: -36.1% vs prior period
- Current assets at least 1.5× creditors within one year: Current ratio 1.87
- Incorporated five or more years ago: Incorporated 1 February 2007

How each signal is derived: https://firmoscan.com/methodology

## Persons with significant control

- Mr Steven Michael Faulkner — owns 25–50% of shares; holds 25–50% of voting rights; can appoint or remove directors, since 2025-02-06
- Mrs Janette Therese Faulkner — owns 25–50% of shares; holds 25–50% of voting rights; can appoint or remove directors, since 2025-02-06

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Source: Companies House register snapshot 2026-08-31, Open Government Licence v3.0. Information may have changed since that date and is not advice or a credit reference; check the official record before relying on it. Official record: https://find-and-update.company-information.service.gov.uk/company/06076928
HTML: https://firmoscan.com/company/06076928-mala-leather-ltd