Mesmeric Distribution Ltd

Mesmeric Distribution Ltd is a small, active company based in Easingwold, UK, founded eleven years ago in December 2013. With a real address and just £31,517 in assets, it's a solo-founded operation run by a single director and owner, Lockwood Judith. The company is described as an irregular importer, primarily dealing in jewelry, precious stones, and metals, with just one month of import activity recorded as of July 2022.

The company’s website highlights its role as a distributor of jewelry brands, emphasizing experience, trust, and a visionary approach. It also features a contact form and details copyright and privacy policies. The site suggests a focus on wholesale and retail of watches and jewelry, with a vision to connect with customers and showcase beautiful products.

Financially, Mesmeric Distribution Ltd presents a mixed picture. Current assets remained steady at £32,000, while net assets declined by 50% to just £230. Bank borrowings decreased by 25%, a positive sign, but cash reserves also fell by 11% to £7,600. Creditors increased by 62%, which could be a sign of increased purchasing or potential debt management challenges. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for agility, but the decrease in equity raises concerns. With no auditor mentioned (likely exempt as a small company), the figures rely on unaudited director-reported data.

Overall, Mesmeric Distribution Ltd appears to be navigating a period of financial adjustment. While its brand distribution focus and online presence suggest a commitment to growth, the declining equity and increasing creditors warrant close monitoring.

Registered in England/Wales under the registration number 08815331, with a registered address at YO61 3AL, England, Easingwold, North Yorkshire, Driffield House, Market Place.

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