Mi Baby (louth) Ltd

Mi Baby (Louth) Ltd, based in Louth, UK, is a small, family-run business with an active status. Founded eight years ago in 2017, it employs eight people and holds £534,238 in assets. With a real address and two directors and owners, the company operates an e-commerce site and boasts a stellar 5.0 Google rating based on six reviews. It’s an irregular importer of clothing and accessories, not knitted or crocheted, with just one month of import activity recorded.

The company’s website, Millie Ralph Boutique, showcases a wide range of baby clothes, knitted items, and accessories, catering to both boys and girls. It also offers personalized options like lounge sets and dressing gowns, alongside a selection of toys, nursery items, and pushchairs. The site emphasizes brands like Jellycat, Little Dutch, and Mamas & Papas, offering a curated selection for discerning parents. The website has a lot of categories, which is great for finding what you need.

Financially, Mi Baby (Louth) Ltd presents a mixed picture. While current assets increased by 58% to £530,000, net assets improved by a significant 140% to £17,000. Bank borrowings surged by 740% to £64,000, and cash reserves decreased by 14% to £110,000. Creditors also increased by 33% to £570,000. 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 remain flexible, but the increase in borrowings and creditors suggests a need for careful financial management. The company's average number of employees increased by 25% to 10. The accounts are unaudited, and no auditor is mentioned.

Overall, Mi Baby (Louth) Ltd seems to be a thriving e-commerce business, but the financial data suggests it’s burning through cash, and the increase in debt is something to keep an eye on.

Registered in England/Wales under the registration number 10624759, with a registered address at LN11 0UZ, England, Louth, Lincolnshire, Units 2a/3 Elsham Park Tattershall Way, Fairfield Industrial Estate.

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