Cmonsta Ltd

Cmonsta Ltd, based in Lossiemouth, UK, is a small, active company founded five years ago. With just two employees and £80,707 in assets, it's a compact operation managed by one director and two owners. The company operates from a real address and has been incorporated since January 23, 2020. Cmonsta functions as both an irregular importer and exporter, bringing in textile products, used clothing, and rags for a month, and shipping out leather goods, travel bags, and animal harnesses for a month. It also operates in the manufacture of sports goods industries.

The company’s website, Cmonsta, is dedicated to selling wetsuit hangers and related accessories. It’s clear the business is focused on a niche market, catering to surfers, swimmers, and other watersports enthusiasts. The site prominently features the “V2 Hanger,” which is described as “the world’s best wetsuit hanger” and highlights its ability to dry wetsuits faster and keep gear organised. Bundles and gift packs are also offered, and the website has a blog with helpful content about wetsuit care.

Financially, Cmonsta Ltd presents a mixed picture. Cash bank on hand increased significantly by 160% to £46,000, which is a positive sign. However, creditors rose considerably by 130% to £62,000, suggesting increased reliance on borrowing. Trade debtors decreased by 80% to £8,600, which could indicate issues with collecting payments. Retained earnings also declined by 22% to £32,000. The company’s small size (meeting two of three criteria for being a small company) helps it stay nimble, but the increase in creditors and decrease in equity warrant closer attention. The company’s accounts are unaudited, as it is exempt as a small company.

The increase in creditors, despite the rise in cash, could be due to increased inventory purchases to meet demand. The decrease in equity, however, suggests the company may be burning through cash faster than it’s generating revenue.

Registered in Scotland under the registration number SC652516, with a registered address at IV31 6QW, Scotland, Lossiemouth, 9 Paradise Lane.

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