Mangerplus Ltd

Mangerplus Ltd is a small, holding company based in London, UK, with an active status. Founded four years ago in February 2021, it holds £771,060 in assets and operates from a virtual address, registered at a location shared by seventy-three other companies. The company is managed by two directors and has one owner, though this owner list may not be exhaustive. It’s a regular importer, specializing in furniture, lighting, and prefabricated buildings, with recent import activity recorded as of June 2024.

The company's website reveals it operates within the licensed restaurants industries, offering a range of IT management solutions. It’s a comprehensive suite of tools covering identity and access management, service management, endpoint management, IT operations, and security. The website heavily promotes its AI-powered capabilities, offering solutions for businesses looking to secure their data, improve availability, and enhance customer satisfaction. It’s a B2B operation, targeting enterprise clients and offering free trials and ebooks to attract leads. The site also features customer testimonials and case studies, highlighting successful implementations across various sectors.

Financially, Mangerplus Ltd presents a mixed picture. While current assets increased by 30% to £770,000, net assets plummeted 380% to -£690,000 – a significant reversal. Bank borrowings surged, and cash reserves fell sharply, suggesting the company is burning through cash. Creditors increased, and trade debtors decreased, indicating potential challenges with collections. The company’s small size (meeting two of three conditions for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for agility, but the substantial equity decline warrants closer scrutiny. No auditor is mentioned, so the figures are unaudited.

Overall, Mangerplus Ltd appears to be navigating a challenging period. While its IT solutions business shows promise, the financial data suggests the company is facing liquidity pressures. The substantial losses and declining cash reserves raise concerns about its long-term sustainability, although the company's holding structure and potential parent company support may provide a buffer.

Registered in England/Wales under the registration number 13230469, with a registered address at SE1 1TY, England, London, A And L, Suite 1-3 Hop Exchange, 24 Southwark Street.

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