Millwood Supplies Llp

Millwood Supplies Llp from Coventry UK: a small, active company founded just one year ago, employs seven people, and holds a perfect 5.0 Google rating based on three reviews. It's an irregular importer of silk and silk products, with just one month of import activity recorded as of March 9, 2024. The company has a real registered address and is managed by seven directors, though no owners are currently listed.

The company’s website, though not actively used, reveals a focus on cleaning products and supplies, specifically in the Keresley area. It’s registered as a limited liability partnership and operates under the small companies regime, meaning it's exempt from a full audit. The company's director signing financial statements is a partner in the LLP.

Financially, Millwood Supplies Llp presents a mixed picture. Assets are stable at £770,000, and bank borrowings remain consistent at £20,000. However, cash reserves are strong at £230,000, and debtors are a hefty £220,000. Creditors are also significant at £210,000, and net losses have increased, though not dramatically. The company’s turnover is not available, but it meets the criteria for a small company, with a balance sheet total under £5.1 million and fewer than 50 employees. Depreciation on motor vehicles and plant machinery is calculated using reducing balance methods.

The lack of owners listed is unusual, and it’s possible one of the directors is the beneficial owner but hasn't been formally registered. The company’s irregular import activity suggests it may be responding to specific market demands or sourcing unique products, but it also introduces some uncertainty. While the company is doing fine, it’s important to note that the financial statements are unaudited.

Registered in England/Wales under the registration number OC448512, with a registered address at CV7 8HX, England, Coventry, 51 Bennetts Road, Keresley.

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