Minithingsforlife Ltd

Minithingsforlife Ltd from Loughborough UK is a small company with an active status, founded thirteen years ago. It employs just one person and holds £28,711 in assets, operating from a virtual address. The company has two directors and two owners, and is an irregular importer of toys, games, and sports equipment, with its last import operation dating back to October 2016.

The company's website showcases a range of products, primarily focused on miniature figures and accessories. It’s clearly an e-commerce business, selling laser-cut shapes, greetings cards, home decor items, and stands for minifigures. The site is well-organized, with clear product categories and a simple checkout process. It’s a dedicated online store, with no physical retail presence apparent.

Financially, Minithingsforlife Ltd has experienced some challenges. Current assets have decreased by 17% to £29,000, while net assets have plummeted 130% to -£1,200. Cash bank on hand has also fallen by 34%, sitting at £4,100. Trade debtors have increased significantly, rising by 630%, while creditors have decreased by 84%. The company’s small size (meeting two of three conditions for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it remain flexible, but the sharp decline in equity is concerning. There's no mention of an auditor, which is typical for small companies.

Despite the financial pressures, Minithingsforlife Ltd appears to be maintaining a focused online presence, catering to a niche market of miniature figure enthusiasts. Whether it can turn its financial situation around remains to be seen, but the company’s dedication to its product line suggests a long-term commitment.

Registered in England/Wales under the registration number 08004386, with a registered address at LE12 7PU, United Kingdom, Loughborough, Leicestershire, 26 Oak Business Centre, Ratcliffe Road Sileby.

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