Merchoid Limited

Merchoid Ltd from Cradley Heath UK is a small holding company with an active status, founded nine years ago in 2015. The company employs fifteen people and holds £1,406,646 in assets. It operates a real address, has two directors, and three owners, and runs an e-commerce site with a 2.0 Google rating based on six reviews. Regular importer of clothing and accessories made by knitting or crocheting (four months imported).

The company’s website, Merchoid, is a geek gift store offering a wide range of merchandise from anime, gaming, movies, and more. The site is clearly geared towards fans, with categories like "Anime," "Gaming," "Loungefly," and "Superheroes." The website emphasizes official merchandise and boasts a large selection, with a focus on popular franchises like One Piece, Yu-Gi-Oh!, Studio Ghibli, and Star Wars. It even has a blog with content related to its products.

Financially, Merchoid Ltd presents a mixed picture. Creditors have increased significantly by 140%, reaching £530,000, while cash reserves have fallen 120%, settling at £360,000. Bank borrowings have also risen substantially, increasing by 2,400% to £88,000. On a more positive note, trade debtors have increased by 11%, suggesting improved customer payments. The company meets the criteria for a small company, with turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. No auditor is mentioned, likely due to the small company exemption.

Overall, Merchoid Ltd appears to be navigating a period of growth and change. The increased creditors and bank borrowings could indicate investments in inventory or marketing, but the declining cash reserves warrant monitoring. The company's focus on niche geek merchandise and its active e-commerce presence position it well for continued success, but careful financial management will be key.

Registered in England/Wales under the registration number 09739902, with a registered address at B64 7BG, England, Cradley Heath, West Midlands, Kw House, 11 Stourdale Road.

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