Mandarina Shoes Limited

Mandarina Shoes Ltd from Angus UK is a small, active company founded 19 years ago. It’s a solo founder operation employing just one person and holding £122,375 in assets. The company operates from a real address in Forfar and has a dedicated e-commerce site. With a single director and owner, it’s a tight-knit business focused on retail sales via mail order and the internet.

The company’s website showcases a range of footwear and accessories, suggesting a focus on stylish and comfortable shoes for women. While details on the specific product lines are limited, the site’s design and imagery convey a brand that values quality and aesthetics. The business has been operating for a while, with a history of importing goods.

Financially, Mandarina Shoes Ltd presents a mixed picture. Cash bank on hand has decreased by 7.1% to £55,000, and current assets have fallen by 4.4% to £120,000. However, retained earnings have seen a significant boost, increasing by 76% to £21,000. Creditors have also decreased, suggesting improved debt management. The company’s small size—meeting two of three conditions to be considered small—allows for flexibility, but the decline in cash reserves could be a concern. The accounts are unaudited, as is typical for small companies.

It seems like Mandarina Shoes Ltd is navigating the challenges of a competitive market. The growth in equity is a positive sign, but the company will need to carefully manage its cash flow to ensure its long-term sustainability.

Registered in Scotland under the registration number SC287752, with a registered address at DD8 2SA, Angus, Reswallie House, Forfar.

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