Merlin Transfers Limited

Merlin Transfers Ltd, based in Southend-On-Sea, UK, is a small, family-run business with an active status, celebrating 30 years in operation. Employing just three people, the company holds £12,165 in assets and operates from a virtual address, registered with 308 other companies. Two directors and two owners (though the list isn’s exhaustive) manage the business, which runs an e-commerce site and boasts a stellar 5.0 Google rating from four reviews. They regularly import ceramic products, with 15 months of import activity recorded.

The company’s website, Laminatingpouches.co.uk, focuses on selling laminating pouches, roll film, and laminators. They offer a wide range of products, from A7 pouches to A3 gloss laminating pouches, catering to both personal and commercial customers. The site highlights competitive pricing, helpful guides, and even free delivery for schools. Established in 1994, the business clearly aims to be a one-stop shop for all laminating needs.

Financially, Merlin Transfers Ltd presents a mixed picture. Current assets have plummeted by a staggering 78%, falling to just £12,000—a significant drop. Bank borrowings have increased by 17%, reaching £20,000, and cash reserves have shrunk by 68%, leaving just £340. Creditors have also risen by 14%, reaching £71,000. 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 stay nimble, but the sharp decline in equity—now at -£71,000—raises concerns. There's no auditor mentioned, so the figures are unaudited.

The business is clearly working hard to maintain its online presence and customer base, but the financial data suggests it’s facing some challenges. Whether it can sustain its growth and profitability remains to be seen, but the company's long history and positive customer reviews offer some hope.

Registered in England/Wales under the registration number 02984279, with a registered address at SS2 6HZ, England, Southend-On-Sea, Essex, Cumberland House, 24-28 Baxter Avenue.

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