Insidemynest Limited

Insidemynest Ltd from Blackburn UK is a small, active company founded eight years ago. With six employees and £98,370 in assets, it’s a family business led by one director and two owners. The company operates in the retail sale via mail order houses or via internet industries and is an irregular importer of paper and paperboard products, with its last import operation occurring one month ago in June 2020. It has a real address and is registered with Companies House.

The company’s website is currently unavailable, making it difficult to assess its online presence and e-commerce activities.

Financially, Insidemynest Ltd has experienced some changes. Current assets have decreased by 30% to £98,000, while net assets have fallen by 5.2% to £97,000. Cash bank on hand has also seen a decline of 33%, dropping to £85,000. Creditors have significantly decreased by 84%, which could indicate improved debt management. However, bank borrowings have increased by 2,400%, reaching £29,000. The company meets two of the three conditions to be considered small: turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. The lack of an auditor is not surprising, as the company is likely exempt due to its size.

Overall, Insidemynest Ltd appears to be facing some financial pressures, with declining assets and increasing bank borrowings. However, the decrease in creditors suggests that the company is managing its debts effectively. It’s a small business, and the financial changes could be a normal part of its growth cycle, or perhaps a sign of challenges ahead.

Registered in England/Wales under the registration number 10305900, with a registered address at BB1 8AG, United Kingdom, Blackburn, 10-12 Wellington Street (St Johns).

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