Micucci Ltd

Micucci Ltd is a small, active company based in London, UK, founded seven years ago in December 2017. It employs two people and holds £74,392 in assets, operating from a real address in Chancery Building. With two directors and two owners, the company runs an e-commerce site and regularly imports art and antiques – the last import operation occurred four months ago in October 1, 2023. Micucci Ltd operates in the retail and specialised design activities industries.

The company’s website is not available for review, so it’s difficult to determine the specifics of its online presence. However, the description suggests a focus on e-commerce sales, likely targeting a niche market within the art and antiques sector.

Financially, Micucci Ltd presents a mixed picture. While current assets have increased by 57% to £74,000, net assets have decreased by 26% to -£18,000. Cash bank on hand has fallen significantly by 63% to just £1,400. Creditors have risen by 48% to £93,000, and trade debtors have increased by 37% to £1,000. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) means it’s likely to be agile, but the decline in equity is concerning. The company’s equity is at -£18,000, which is a significant loss. The company is exempt from audit as a small company, so the figures are unaudited.

The company’s import activity, focused on art and antiques, suggests a specialized business model. However, the financial data indicates a need for careful management of cash flow and debt. It's possible the increase in creditors reflects investments in inventory or marketing to support the import business.

Registered in England/Wales under the registration number 11115528, with a registered address at SW11 7AS, England, London, 77 Chancery Building 3 New Mill Road.

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