Mei's You Someset Limited

Mei S You Someset Ltd from Taunton UK is a small, active company founded eight years ago. With 18 employees and £405,522 in assets, it’s a solo-founded operation led by a single director and owner. The company boasts a strong 4.0 Google rating based on over 2,100 reviews, and is a regular importer of furniture, lighting, and prefabricated buildings, with recent activity recorded just last month.

The company operates in the licensed restaurants industries, and its website is currently unavailable, so it’s unclear if it has an e-commerce presence. The address is probably real as only one company registered at the same address.

Financially, Mei S You Someset Ltd shows some interesting trends. Cash reserves have increased significantly, jumping 180% to £270,000, which is a positive sign. However, creditors have also risen sharply, increasing 67% to £250,000, which could indicate growing expenses or a reliance on credit. Net assets have increased by 71% to £200,000. Bank borrowings have decreased by 46%, which is a good sign. 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 stay nimble, but the increase in creditors warrants attention. With no auditor mentioned (likely exempt as a small company), the figures rely on unaudited statements.

Overall, Mei S You Someset Ltd appears to be doing well, but it’s important to monitor its expenses and debt levels.

Registered in England/Wales under the registration number 10623930, with a registered address at TA1 3NA, United Kingdom, Taunton, 43-45 East Street.

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