Mille Fleurs Ltd

Mille Fleurs Ltd from Pine Grove UK is a small, active company founded five years ago. It employs just two people and holds £32,349 in assets. With a real address and two directors, it’s a solo-founded operation. The company is an irregular importer of headgear and accessories, with just one month of import activity recorded as of February 2023.

The company operates in the manufacture of other wearing apparel and accessories, according to its registration. While a website isn't available to examine, this suggests a potential focus on wholesale or bespoke production rather than direct-to-consumer retail. It’s likely a small-scale operation supplying materials or finished goods to larger brands or retailers.

Financially, Mille Fleurs Ltd presents a mixed picture. Accumulated amortisation impairment intangible assets increased by 25%, while accumulated depreciation impairment property plant equipment rose by 16%. Amounts owed to directors increased by 11%, and bank borrowings decreased by 16%. Cash bank on hand increased by 52%, a positive sign. However, equity plummeted by 100%, resulting in a net assets liability of just £11. Creditors also decreased by 16%, and raw materials increased by 5.4%. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it stay agile, but the dramatic equity decline raises questions. With no auditor mentioned (likely exempt as a small company), the figures rely on unaudited statements.

The company’s irregular import activity and the significant equity loss suggest it may be facing challenges maintaining profitability. Perhaps the company is struggling to secure consistent orders or is dealing with rising import costs. The decrease in bank borrowings is a good sign, but the negative equity is a cause for concern.

Registered in England/Wales under the registration number 12140235, with a registered address at TN6 1DH, United Kingdom, Pine Grove, East Sussex, Unit B12 C/O Naylor Accountancy Services Ltd, Pine Grove Enterprise Centre.

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