Micro Holdings Group Ltd

Micro Holdings Group Ltd is a small, active company based in Witney, UK, founded fourteen years ago in 2011. It’s a solo founder operation with two directors, holding £142,310 in assets and employing just one person. The company's real address is registered at OX29 7AG, England. It’s an irregular importer, primarily dealing in electrical machinery and equipment, with its last import operation recorded two months ago in May 2016.

The company operates in the "other business support service activities n.e.c." industries, and its website showcases a promotional product agency, Micromarketing Ltd, with a range of services including bespoke product design, artwork consultancy, and warehousing. It also owns Micromagnetics Limited, Micro2me Limited, and Micromarketing Limited. The website highlights a team of over a dozen employees, from managing directors to designers and warehouse staff, though the financial data only reports one employee.

Financially, Micro Holdings Group Ltd’s figures show a mixed picture. Current assets remain steady at £140,000, while net assets increased by 2.6% to £240,000. Bank borrowings have decreased by 18% to £660, and cash reserves are at £9,000. However, trade debtors have increased significantly by 410%, reaching £8,300, and prepayments have ballooned to £8,300—suggesting potential issues with customer payments or large upfront costs. Creditors are also up by 18%, reaching £3,400. The company meets the criteria to be considered small, with turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. As a small company, it’s exempt from an audit, and the figures are unaudited.

The company's financial data is presented by Clement Rabjohns Limited. It seems like the company is holding steady, but the increase in debtors and prepayments suggests a need to manage cash flow more effectively.

Registered in England/Wales under the registration number 07488782, with a registered address at OX29 7AG, England, Witney, Unit 1 & 2 Vanburgh Quarter Windrush Industrial Park, Northwood Road.

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