Milano Pl Ltd

Milano Pl Ltd from Leicester UK: a small, active company founded nine years ago, operates with a single employee and holds £11,108 in assets. It’s a solo founder venture, managed by one director and owner, and runs an e-commerce site. The company is an irregular importer of miscellaneous food products, with just one month of imports recorded as of December 2023.

The business primarily engages in wholesale and retail activities, specifically focusing on the wholesale of fruit and vegetables, meat and meat products, cosmetic and toilet articles, and retail sales via mail order and internet. It’s a small company, meeting two of three conditions for classification: turnover less than £10.2 million, balance sheet total less than £5.1 million, and fewer than 50 employees. The company’s website, while not extensively detailed, suggests a focus on online sales and a range of products.

Financially, Milano Pl Ltd presents a mixed picture. Cash bank on hand has dropped significantly by 92%, falling to just £1,200. Creditors have decreased by 38%, which is a positive sign, but net assets liabilities have also declined by 18% to -£15,000. Current assets have decreased by 32%, and trade debtors have completely vanished. The company’s small size and lack of auditors (likely exempt) mean the figures are unaudited. The decline in equity suggests the company is burning through money, but the decrease in creditors indicates better debt management. It’s a bit worrying, but it’s a small company, so it’s probably not a big deal.

Registered in England/Wales under the registration number 09889712, with a registered address at LE1 1ST, United Kingdom, Leicester, Flat 311 2 Morledge Street.

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