Mimi Berry Limited

Mimi Berry Ltd from London UK: a small, active company founded 16 years ago, employs three people, and holds £151,441 in assets. With two directors and a solo founder at the helm, it operates an e-commerce site and enjoys a Google rating of 4.0 based on 11 reviews. The company regularly imports and exports leather goods, travel bags, and animal harnesses—14 months of imports and 61 months of exports recorded.

The company's website, mimiberry.co.uk, showcases a range of handmade bags and purses, with a focus on "new in" items and a 25% discount for first-time customers. It operates in the non-specialised wholesale trade, retail sale of new goods, and retail sale via mail order houses or via internet. The website also features a section on stockists and a blog, reinforcing its focus on British craftsmanship and handmade quality.

Financially, Mimi Berry Ltd shows a mixed picture. Current assets decreased by 8% to £150,000, while bank borrowings increased by 28% to £11,000. Cash reserves fell by 23% to £70,000. Trade debtors decreased by 45%, suggesting improved payment collection, but creditors also dropped by 30%, which is good. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for flexibility, but the decline in cash reserves warrants attention. No auditor is mentioned, likely due to its small size.

The company's focus on handmade leather goods and its online presence suggest a niche market strategy. However, the financial data indicates a need to manage cash flow effectively to sustain growth and navigate potential economic headwinds.

Registered in England/Wales under the registration number 06634902, with a registered address at E5 0QR, London, 102 Lower Clapton Road.

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