Merilce Ltd

Merilce Ltd from London UK: small company, active status, founded 6 years ago, 1 employee, £8,521 assets, virtual address, 2 directors, 1 owner, solo founder. Regular importer of clothing and accessories made by knitting or crocheting (4 months imported). It’s a small, family-run business with a real registered address and two directors at the helm, making it a tight-knit operation. The firm regularly imports clothing and accessories, with a recent import activity recorded in November 2021.

The company’s website, Merilce Wholesale, focuses on wholesale kids’ clothing. The site prominently features a "New Collection" section with items like Christmas PJs and costumes, available in bulk quantities. It offers free shipping to UK mainland over £200 and accepts various payment methods. The site also includes standard e-commerce elements like a contact form, FAQ section, and mailing list subscription. It's clearly aiming to cater to retailers and bulk buyers.

Financially, Merilce Ltd presents a mixed picture. Current assets have fallen by 16% to £8,500, while net assets have decreased by 16% to £150. Bank borrowings have dropped by 36%, reaching £3,200, and cash reserves have increased by 54% to £1,000. Creditors have decreased by 22%, suggesting better debt management. 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 agile, but the decrease in equity raises questions. With no auditor mentioned (likely exempt as a small company), the figures rely on unaudited statements.

In short, Merilce Ltd seems to be holding steady, but facing pressures. The company is a small, solo operation, and it’s clear that it’s betting on its niche market and customer satisfaction to turn the tide.

Registered in England/Wales under the registration number 11659279, with a registered address at N15 5EA, England, London, 151 West Green Road.

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