Mind Body Goals Ltd

Mind Body Goals Ltd from Brighouse UK is a small company with an active status, founded four years ago. It’s a solo founder operation employing just one person and holding £38,625 in assets. Based at a real address, the company is managed by three directors and owned by Crinnion Michael Islywn. It operates an e-commerce site focused on wellness products.

The website, Luma, offers a range of breathing companion devices and guided exercises designed to promote calm and wellbeing. It sells products like the Luma Essential and Premium, alongside digital content like gratitude practices and breathing techniques. The site caters to a global audience, offering multiple currency options and shipping worldwide. It’s a well-designed and engaging platform, emphasizing simplicity and user experience. The company also highlights its commitment to social impact, with a "101 initiative" giving back with each sale.

Financially, Mind Body Goals Ltd presents a mixed picture. While cash bank on hand increased by a healthy 67% to £22,000, current assets also grew by 36% to £39,000. However, net assets decreased by 32% to -£21,000, and deferred income dropped by 50% to £760. Trade debtors soared by 830% to £2,700, which might indicate a shift in payment terms or an increase in sales on credit. The company’s small size (meeting two of three criteria for a small company) helps it remain flexible, but the decrease in equity is something to keep an eye on. The accounts are unaudited, and no auditor is mentioned, which is common for small companies.

It seems like Mind Body Goals Ltd is growing its sales, but it’s also burning through cash. Whether this is a temporary phase or a longer-term challenge remains to be seen—but for now, the company is banking on its unique product and growing customer base to turn the tide.

Registered in England/Wales under the registration number 13259272, with a registered address at HD6 1LT, England, Brighouse, Vulcan House, Foundry Street.

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