Laurus Mk Limited

Laurus Mk Limited, based in Bury St Edmunds, UK, is a small, active company founded twelve years ago. With a single employee and £197,583 in assets, it operates from a virtual address, a detail flagged by the presence of 33 other companies registered at the same location. The company is led by two directors and two owners, although the owner list may not be exhaustive. It’s a regular importer, specializing in essential oils and perfumes, with 37 months of import activity recorded, the last operation occurring in June 2021.

The company’s website reveals it’s part of the Laurus Trust, a family of schools focused on academic excellence and sporting achievement. Laurus Ryecroft is a secondary school with a unique partnership with Manchester City Football Club, offering an “Academic Football Pathway.” The school emphasizes a holistic education, incorporating elements like leadership, culture, and competition, and even boasts an Ofsted “Outstanding” rating. A Sixth Form has recently launched, and the school is expanding with a new sports center, Club Ryecroft.

Financially, Laurus Mk Limited’s numbers present a mixed picture. Cash bank on hand remained steady at £30,000, but debtors increased significantly, reaching £170,000. Current assets also held steady at £200,000. However, net assets and net current assets both remained at £160,000. Creditors and other debt increased slightly, reaching £39,000 and £18,000 respectively. The company’s small size—meeting two of three conditions for being classified as small—helps it remain flexible, but the increase in debtors suggests potential challenges in collecting payments. The company’s accounts are unaudited, and there is no auditor mentioned. It's possible the increase in debtors is a result of expanding credit terms to support growth, but it warrants further monitoring.

Registered in England/Wales under the registration number 08084558, with a registered address at IP32 7FA, England, Bury St Edmunds, Suffolk, C/O Hodson Lewis First Floor, Abbotsgate House, Hollow Road.

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