Mandarin Gifts Co. Ltd.

Mandarin Gifts Co. Ltd, based in Llandudno, UK, is a small, active company established fifteen years ago. With two employees and £33,946 in assets, it operates from a real address and is overseen by two directors and owners. The company runs an e-commerce site and enjoys a stellar 5.0 Google rating based on seven reviews. It’s an irregular importer, with its top import category being electrical machinery and equipment, totaling one month of imports, the last operation being in 2016.

The company’s website showcases a wide range of oriental products, from bags and boxes to lucky charms and solar gadgets. It appears to be a retail business, catering to tourists and gift-seekers visiting the popular North Wales resort town. The site emphasizes unique gifts and offers various payment options, including GBP, EUR, and USD. It even has a newsletter signup, which is good.

Financially, Mandarin Gifts Co. Ltd presents a mixed picture. Current assets have decreased by 12%, dropping to £34,000, while cash reserves have fallen a significant 69%, leaving only £1,700. Creditors have also decreased by 14%, to £31,000, which is a positive sign. However, retained earnings have increased by 38%, to £3,600. The company’s small size (meeting two of three conditions for a small company) helps it remain flexible, but the drop in cash reserves is something to keep an eye on. No auditor is mentioned, which is expected for a small, exempt company.

Overall, Mandarin Gifts Co. Ltd seems to be holding its own, but the financial data suggests it’s not exactly burning through money. The company’s success hinges on maintaining its tourist-driven retail business and navigating the challenges of importing goods.

Registered in England/Wales under the registration number 06969224, with a registered address at LL30 2NL, Llandudno, Conwy, 3 Mostyn Street.

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