Mimibear Ltd

Mimibear Ltd from Ipswich UK: a small, active company founded six years ago, employs two people, and holds £70,806 in assets. Operating from a virtual address, it's a family business with two directors and two owners, running an e-commerce site and regularly importing clothing and accessories made by knitting or crocheting—a practice spanning six months with the last import in January 2023. The company operates in the retail sale via mail order houses or via internet industries.

The Mimibear website showcases a wide array of products for nurseries, soft furnishings, and play—everything from clothing and footwear to furniture and toys. It’s clearly an e-commerce operation, with a focus on baby and toddler goods. The site is well-organized, featuring a range of brands and price points, and even offers personalized gift options. It's got a lot of different categories, like "wear", "nursery", and "play", which makes it easy to find what you're looking for.

Financially, Mimibear Ltd's report shows some interesting trends. Current assets have decreased by 18% to £71,000, while bank borrowings have increased by 2.5% to £9,800. Creditors have also decreased, suggesting improved debt management. The company’s small size—meeting two of three criteria for a small company—helps it stay nimble. However, retained earnings have fallen by 4.6% to £12,000. There's no mention of an auditor, which is typical for small companies. The decrease in cash reserves by 47% to £4,400 is something to watch, as it could indicate tighter cash flow management. It’s probably a bit of a challenge, but the company seems to be keeping its head above water.

Registered in England/Wales under the registration number 11454014, with a registered address at IP2 0EH, United Kingdom, Ipswich, Suffolk, 80 Compair Crescent.

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