Mankind (lichfield) Ltd

Mankind Lichfield Ltd from Lichfield UK: a small company with an active status, was founded 12 years ago and employs four people. It holds £117,761 in assets and operates from a real address, managed by one director and solo founder. Boasting a perfect 5.0 Google rating from 20 reviews, the company regularly imports clothing and accessories, not knitted or crocheted, with 24 months of import activity. The company operates in the retail sale of clothing in specialised stores.

The company’s website, Visit Lichfield, serves as a local tourism portal, showcasing a range of businesses and attractions in the area. It doesn’s appear to be an e-commerce site for Mankind Lichfield Ltd itself, but rather a directory promoting local establishments, including coffee shops, karting, nature reserves, museums, and even vineyards. The site highlights events like Lichfield Proms and guided pub tours, aiming to attract visitors and support the local economy.

Financially, Mankind Lichfield Ltd’s report reveals a mixed picture. Current assets have fallen by 30%, dropping to £120,000, while net assets have plummeted 96%, leaving just £840. Bank borrowings have decreased by 46%, settling at £12,000, and cash reserves have shrunk by 80%, leaving only £9,400. Creditors have also decreased by 16%, sitting at £98,000. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it remain nimble, but the sharp equity decline raises concerns. With no auditor mentioned (likely exempt as a small company), the figures rely on unaudited statements.

Overall, Mankind Lichfield Ltd seems to be facing financial challenges despite its positive online reputation. The company’s focus on local tourism and its role as a directory for other businesses suggests a broader strategy beyond just retail sales. Whether it can navigate these financial pressures and continue to support the local economy remains to be seen.

Registered in England/Wales under the registration number 08407802, with a registered address at WS13 6JJ, Lichfield, Staffordshire, 30 Tamworth Street.

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