Micro Scooters Limited

Micro Scooters Limited, based in West Mersea, UK, is a small, active company celebrating its 20th anniversary. Founded in 2004, the business employs 43 people and holds assets worth £4,848,729. With four directors and two owners, it operates from a real address and is a regular importer and exporter of toys, games, and sports equipment, with 166 months of import activity and 28 months of export activity.

The company’s website showcases a wide range of scooters for children and adults, alongside accessories and customisation options. It highlights a commitment to sustainability, boasting a B Corp certification and carbon-neutral operations. The site also features a Microlino, a bubble car, demonstrating a diversification beyond scooters. The website is clearly designed for e-commerce, with a focus on online sales and a subscription service offering discounts and free delivery.

Financially, Micro Scooters Limited’s report reveals some concerning trends. While cash reserves increased by a substantial 74% to £2.3 million, net assets only grew by 7.6% to £4.1 million. Trade debtors decreased by 22%, suggesting better payment collection, but creditors also dropped significantly by 33%, which could indicate pressure to manage short-term liabilities. Employee numbers decreased by 16%, which could be a result of restructuring or changing business needs. 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 employee numbers and the drop in net assets warrants closer observation. No auditor is mentioned, which is typical for small companies.

Overall, Micro Scooters Limited appears to be navigating a period of change. While the company’s commitment to sustainability and its diverse product range are strengths, the financial data suggests a need for careful management to ensure long-term stability.

Registered in England/Wales under the registration number 05196465, with a registered address at CO5 8NA, United Kingdom, West Mersea, Essex, 110 Coast Road.

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