Milana Studios Limited

Milana Studios Limited is a small, active company based in Newcastle-Under-Lyme, UK. Founded two years ago in August 2022, the company employs five people and holds £788,530 in assets. It operates a real address and is led by two directors and two owners, with a focus on e-commerce.

The company’s website showcases a range of clothing and accessories for men, women, and children, with a strong emphasis on soft-rib materials and a modern, minimalist aesthetic. New arrivals are frequently highlighted, and the site offers free UK shipping on orders over £150. There are also sample sales and a dedicated section for kids’ clothing, indicating a diverse product offering. The website’s design is clean and user-friendly, with clear navigation and high-quality product photography. It’s clear that Milana Studios is actively engaging in online retail.

Financially, Milana Studios presents a mixed picture. While current assets remain steady at £790,000, net assets have decreased to £95,000. Bank borrowings have increased, and cash reserves are at £580,000. Trade creditors have also increased, suggesting a reliance on credit from suppliers. The company's small size—meeting two of three criteria for a small company—allows for flexibility, but the decrease in net assets warrants attention. The company’s turnover is under £10.2 million, balance sheet total is under £5.1 million, and it has less than 50 employees. As a small company, it is exempt from an audit, so the financial information is unaudited.

The company’s increase in bank borrowings could indicate investment in inventory or marketing efforts, while the decrease in net assets might reflect increased operating expenses or a slowdown in sales. It's possible that the company is experiencing typical startup challenges or that it's facing increased competition in the online retail market. The lack of mention of an auditor is not unusual for a small company.

Registered in England/Wales under the registration number 14301009, with a registered address at ST5 7RU, England, Newcastle-Under-Lyme, Staffordshire, Unit 46 Parkhouse Industrial Estate West, Brookhouse Road.

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