Microprestige Limited

Microprestige Ltd from Harlow UK: a small, active company founded 16 years ago, employs just two people, and holds £316,948 in assets. It’s a solo-founded operation with one director and owner, boasting a 2.0 Google rating based on three reviews. The company is an irregular importer of electrical machinery and equipment, with just one month of imports recorded as of July 2020.

The company operates in the non-specialised wholesale trade industries. Its real address is shared with only one other company, suggesting a genuine location. It's a small company, meeting two of three conditions: turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees.

While the company’s website is unavailable for direct analysis, the financial data paints a mixed picture. Cash and cash equivalents have decreased by 14%, and corporation tax payable has increased significantly by 98%. Bank borrowings have also fallen by 16%, and staff costs have risen by 21%. Trade debtors have increased substantially by 90%, which could be a sign of increased sales but also a potential issue with collecting payments. Despite these challenges, net assets have increased by 190%, which is a positive indicator.

The company’s small size and solo founder structure likely contribute to its agility, but the fluctuating financials suggest a need for careful management. The lack of an auditor mentioned (likely exempt as a small company) means the figures are unaudited. It's a company that’s holding its own, but needs to watch its cashflow.

Registered in England/Wales under the registration number 06910632, with a registered address at CM18 7QR, England, Harlow, Essex, Unit 10 Cecil Court, Pegrams Road.

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