Mibelle Ltd

Mibelle Ltd, based in Bradford, UK, is a large, active company established nineteen years ago. With 220 employees and £17,731,000 in assets, it’s a significant player in the region. The company operates from a real address and is overseen by five directors, although there are no listed owners. Mibelle Ltd regularly imports plastics and plastic products (270 months) and exports essential oils and perfumes (388 months), demonstrating a diverse import/export business.

The company’s website reveals a broader scope than initially apparent. Mibelle Group, as it’s known online, is a multinational entity focused on wellbeing, health, and beauty. It operates across personal care, home care, nutrition, and biochemistry, offering both private label manufacturing and contract development services. The website highlights a commitment to sustainability and showcases a portfolio of brands, alongside stories of innovation and employee recognition. It's clear Mibelle is not just a trading company but a manufacturer and innovator.

Financially, Mibelle Ltd’s recent performance presents a mixed picture. While cash and bank holdings increased by a substantial 130%, indicating improved liquidity, net assets declined by a significant 57%, suggesting a decrease in equity. Administrative expenses were reduced by 56%, which is a positive sign, but interest expense surged by 250%, potentially reflecting increased borrowing costs. Debtors have increased by 22%, which could indicate slower customer payments. The company's average number of employees has fallen by 25%, which is a concern. The lack of an auditor mentioned in the report suggests the company is exempt from an audit, and the figures are unaudited.

The company’s shift towards contract manufacturing and private label services, as highlighted on its website, may be a strategic response to market conditions. The increase in interest expense, however, warrants further investigation. While Mibelle Ltd maintains a strong presence in the market, its financial health requires careful monitoring.

Registered in England/Wales under the registration number 05612912, with a registered address at BD4 8JP, Bradford, West Yorkshire, Units 3-5 City Link Industrial Park, Phoenix Way, Tyersal.

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