M & H England Ltd

M & H England Ltd is a small, active company based in Sunderland, UK, founded four years ago in June 2020. The company holds £443 in assets and operates from a virtual address, with two directors and two owners. It runs an e-commerce site specializing in retail sale via mail order houses or via internet.

The company’s website, Millichamp and Hall, focuses on handmade cricket bats and equipment. It offers a wide range of bats, gloves, pads, kit bags, and clothing, catering to both adult and junior players. The site highlights custom labels, sponsorship programs, and a blog featuring insights into bat preparation and cricket heritage. It’s clear the company is focused on quality and tradition, with a strong online presence and a focus on direct-to-consumer sales.

Financially, M & H England Ltd presents a concerning picture. Net assets have declined significantly, dropping 21% to -£2,000. Cash reserves are low at just £38, and bank borrowings have increased. Trade debtors remain steady, but creditors have risen by 15% to £2,500. The company meets the criteria for a small business, with turnover under £10.2m, assets under £5.1m, and fewer than 50 employees. The lack of an auditor is typical for a small company, and the unaudited accounts rely on director-reported data.

While the website suggests a thriving business with a loyal customer base, the financial data indicates a company struggling to maintain solvency. The decline in equity and low cash reserves are particularly worrying, and the increase in creditors suggests potential cash flow problems. It’s possible that the company is experiencing typical startup challenges, but the trends raise concerns about its long-term viability.

Registered in England/Wales under the registration number 12663155, with a registered address at SR1 3NH, England, Sunderland, 13 Mary Street.

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