Mb Housewares Ltd

Mb Housewares Ltd is a small, holding company based in Ipswich, UK, with an active trading status. Founded twelve years ago in 2012, the company employs just two people and holds assets totaling £434,596. It operates from a real address within the Crystal Business Centre and is overseen by two directors and one owner, Lecorre Holdings Ltd. The company runs an e-commerce site and irregularly imports furniture, lighting, and prefabricated buildings—the last import activity was recorded just one month ago in May 2024.

The website showcases a range of novelty elf-themed toys and accessories, including travel suitcases, games (4-in-a-row, noughts and crosses, fishing, bowling), costumes (chef, football kit, firefighter), and inflatable rings. It’s a quirky, niche online store catering to a specific market. The site also offers payment options like American Express, Apple Pay, and PayPal, suggesting a modern and user-friendly shopping experience.

Financially, Mb Housewares Ltd presents a mixed picture. Cash bank holdings have fallen significantly by 59%, dropping to £170,000. While current assets also decreased by 5.8% to £430,000, trade debtors have surged an impressive 3,900% to £230,000—a substantial increase that could indicate delayed customer payments or a shift in credit terms. Equity has also declined by 3.6% to £330,000. Interestingly, accrued liabilities have increased by 30% to £290, and bank borrowings have jumped to £220,000 from zero. The company’s small size—meeting two of three criteria for a small company—helps it remain agile, but the drop in cash reserves and the increase in debt are worth noting. There is no mention of an auditor, which is common for small, exempt companies.

Registered in England/Wales under the registration number 08226013, with a registered address at IP1 4JJ, United Kingdom, Ipswich, Unit 2, Crystal Business Centre, Knightsdale Road.

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