Middletons (wymondham) Limited

Middletons Wymondham Ltd, based in Norfolk, UK, is a small, active family business founded 26 years ago. With nine employees and £228,512 in assets, it operates from a real address and is overseen by two directors and four owners. The company boasts a stellar 5.0 Google rating from 42 reviews, showcasing a strong reputation. It’s an irregular importer of clothing and accessories, not knitted or crocheted, with recent activity in February 2024.

The company's website reveals a unique approach to online presence. Rather than a traditional e-commerce platform, it functions primarily as a news blog, showcasing new product arrivals, sales promotions, and items of interest. There's no online store to purchase directly; instead, customers are directed to visit the physical store. The site clearly prioritizes building a community and keeping customers informed about updates, rather than facilitating online transactions.

Financially, Middletons Wymondham Ltd presents a mixed picture. While bank borrowings have significantly decreased, falling by 85%, cash reserves have also declined by 51%, leaving only £5,600 available. Trade debtors have increased substantially, by 470%, which could indicate difficulties in collecting payments. However, creditors have also decreased by 11%, suggesting better debt management. The company’s small size—meeting two of three criteria for a small company—allows for agility, but the decline in equity, falling by 88%, is a cause for concern. The lack of an auditor mentioned (likely exempt due to its size) means the figures are unaudited.

Overall, Middletons Wymondham Ltd appears to be navigating a challenging financial landscape. While its strong customer reviews and unique online strategy are positives, the declining equity and reduced cash reserves warrant close monitoring. The company’s future likely depends on maintaining its loyal customer base and effectively managing its finances.

Registered in England/Wales under the registration number 03728053, with a registered address at NR18 0AB, Norfolk, 21-25 Middleton Street, Wymondham.

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