Millard & Lancaster Limited

Millard & Lancaster Limited is a small, active company based in Shrewsbury, UK, founded thirteen years ago in 2011. It employs just two people and holds £78,236 in assets, operating from a real address on St. Mary's Street. The company has one director and two owners, although the list of owners may not be exhaustive. It’s an irregular importer, primarily dealing in soaps, cleaning products, and waxes, with its last import operation dating back to 2016.

The company’s website showcases a curated selection of furniture, lighting, artwork, and home accessories, targeting customers seeking elegant and contemporary designs. It appears to be an e-commerce business, allowing customers to browse and purchase items online. The site features a wide range of brands, from Addison Ross to William Yeoward, and highlights unique gifts and home fragrance options. It’s clear that Millard & Lancaster Limited focuses on a high-end retail experience.

Financially, Millard & Lancaster Limited has experienced some decline. Current assets have fallen by 23% to £78,000, and net assets have dropped 28% to -£4,000. Bank borrowings have decreased by 24%, while cash reserves have also fallen by 13%. Creditors have seen a significant drop of 21%, which is a positive sign. The company’s small size—meeting two of three criteria for a small company—helps maintain agility, but the decline in equity is concerning. As a small company, it’s likely exempt from an audit, and the financial statements are unaudited.

Overall, Millard & Lancaster Limited seems to be navigating a challenging period. While its website and product selection suggest a focus on quality and style, the financial data indicates a need for careful management and a potential need to address the declining equity.

Registered in England/Wales under the registration number 07733813, with a registered address at SY1 1ED, Shrewsbury, Shropshire, 18 St. Marys Street.

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