Mindful Champs Limited

Mindful Champs Limited is a small, active company based in London, UK, founded eight years ago in 2016. With just one employee and £17,993 in assets, it operates as a virtual e-commerce business from a shared address where 8771 other companies are registered. Patel Nima serves as both director and owner, overseeing the company's operations.

The company’s website, Mindful Champs, focuses on empowering children through mindfulness products. It offers journals, puzzles, flashcards, and other items designed to foster positive emotional wellbeing and resilience. The site highlights teacher-tested, psychologist-approved products and emphasizes its female-owned brand. It’s a retail operation, selling via the internet, and has a clear mission: to give children an emotional education.

Financially, Mindful Champs Limited presents a mixed picture. While bank borrowings decreased by 37%, creditors increased significantly – by 47% within a year and 110% overall. Cash reserves fell by 34%, and net assets declined by 56%, indicating a potential drain on equity. Although the company is small, meeting two of three criteria for a small business, the decrease in assets and cash raises questions. Trade debtors have vanished completely, which is unusual. The accounts are unaudited, and no auditor is mentioned, which is typical for a small company.

Overall, Mindful Champs Limited appears to be navigating the challenges of a growing e-commerce business. While its products and mission are compelling, the financial data suggests a need for careful management and potentially, a focus on improving cash flow.

Registered in England/Wales under the registration number 10406116, with a registered address at EC1V 2NX, England, London, 124 City Road.

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