Micro Dream Limited

Micro Dream Ltd, based in Torquay, UK, is a small, active family business established fifteen years ago. With twenty-four employees and £283,457 in assets, the company operates from a virtual address—a detail flagged by the presence of twenty-eight other companies registered at the same location. Run by two directors and two owners, Micro Dream Ltd is a thriving e-commerce site with an impressive Google rating of 5.0 based on 450 reviews. The company regularly imports and exports machinery, boilers, and mechanical appliances; parts, with nineteen months of import activity and twenty-five months of export activity recorded.

The company’s website, MicroDream.co.uk, specializes in selling refurbished laptops and computers, offering a wide range of brands and models. It’s a clear focus on providing affordable options, with sections dedicated to new arrivals and top deals. The site also offers a keyboard printing and lid cover renewal service, indicating an attempt to provide additional services beyond just selling hardware.

Looking at the financials, Micro Dream Ltd shows a mixed picture. Current assets have decreased by 11% to £280,000, while net assets have fallen 9% to £140,000. Bank borrowings have remained constant at £66,000, and cash reserves have dropped by 14% to £55,000. Trade creditors have significantly decreased by 91%, which could indicate improved payment terms with suppliers, or perhaps a reduction in overall purchasing. The number of average employees during the period has also decreased by 17%, dropping to twenty. As a small company, it’s exempt from an audit, so the figures are unaudited.

While the company’s e-commerce site appears successful, the financial data suggests some pressures. The decrease in assets and employees could be a result of market conditions or a strategic shift. It's possible that Micro Dream Ltd is adapting to changing consumer behavior, but the decline in net assets warrants closer attention.

Registered in England/Wales under the registration number 06953055, with a registered address at TQ2 7TD, Torquay, Devon, Petitor House, Nicholson Road.

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