Minoti Ltd

Minoti Ltd from Manchester, UK, is a small, active company established nine years ago in 2015. Employing sixteen people, it holds assets valued at £2,268,889. With a real address and five directors overseeing operations, the business is owned by Klein Avi and Moher Howard. It operates an e-commerce site specializing in baby and kids clothing. The company regularly imports clothing and accessories made by knitting or crocheting, with eighty-five months of import activity recorded, and occasionally exports paper and paperboard products, with just one month of export activity.

The website, Minoti Babies and Kids, showcases a wide range of clothing, from dresses to sweatshirts, catering to both boys and girls aged 0-14 years. It emphasizes new collections, beachwear, and denim, offering free shipping from 50 euros and a 30-day return policy. The site also features a blog and a newsletter subscription, highlighting promotions and new arrivals.

Financially, Minoti Ltd presents a mixed picture. While cash reserves increased by 55% to £44,000, current assets decreased by 15% to £2,300,000. Trade debtors remained stable at £2,200,000, but equity plummeted 86% to just £64,000—a significant drop. Creditors increased by 53% to £1,800,000, and bank borrowings decreased by 27% to £27,000. 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 substantial equity decline raises questions. As a small company, it is exempt from an audit, so the figures are unaudited.

The company’s reliance on imports suggests a focus on sourcing and retail, while the e-commerce platform provides a direct channel to customers. Whether the business can sustain its growth and profitability amidst these financial shifts remains to be seen.

Registered in England/Wales under the registration number 09860510, with a registered address at M8 8SH, England, Manchester, 13 Stanley Street.

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