Mayston Equestrian Limited

Mayston Equestrian Ltd, based in Weymouth, UK, is a small, active company founded two years ago. With a single employee and £160,311 in assets, it operates from a virtual address—where 352 other companies are also registered—and is led by a solo founder, director, and owner, Cornick Gemma Frances. The company’s primary focus is the retail sale of clothing in specialised stores, and it occasionally imports paper and paperboard products, with a single month of import activity recorded in November 2024.

The company’s website, Mayston Equestrian, showcases a wide range of equestrian clothing and accessories, including breeches, tops, and jumpers. It also features a currency converter, supporting various international markets, and highlights partnerships with Badminton Horse Trials. The site emphasizes free UK delivery on orders over £50 and promotes its collections through visually appealing banners and product displays. It’s clear the company is targeting a global equestrian community, with a focus on style and quality.

Financially, Mayston Equestrian Ltd presents a mixed picture. Creditors have increased by 53% to £210,000, while cash bank on hand has only risen to £240—a relatively small amount. Debtors have fallen by 62%, which could indicate difficulties in collecting payments, or a shift in business practices. Despite this, current assets have increased by 78% to £160,000, and fixed assets have seen a significant jump of 340% to £26,000. Equity, however, has decreased by 48% to -£20,000. The company meets the criteria for a small business—with turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees—and is exempt from an audit.

While the company's website suggests a thriving online presence and a focus on quality equestrian apparel, the financial data reveals a company that is burning through cash. The increase in creditors and the decrease in cash reserves suggest the company is relying on borrowing to fund its operations. It's possible that the company is investing heavily in marketing and inventory to grow its business, but it will need to carefully manage its cash flow to avoid financial difficulties.

Registered in England/Wales under the registration number 14250109, with a registered address at DT4 9TH, United Kingdom, Weymouth, Dorset, 14a Albany Road.

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