Mir5 Ltd

Mir5 Ltd from Perth UK: a small, active company founded eight years ago, employs seven people, and holds £231,497 in assets. It operates from a real address and is overseen by three directors, though there are no officially listed owners. The company enjoys a perfect 5.0 Google rating based on three reviews and is a regular importer of drinks, alcohol, and vinegar, with 38 months of import activity recorded.

The company’s core business revolves around wholesale food, beverages, and tobacco, alongside passenger land transport and freight transport by road. It’s a small company, meeting two of three conditions: turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. It’s a regular importer, with its top import category being Drinks, Alcohol, and Vinegar, totaling 38 months of imports. The last import operation was conducted on December 1, 2024.

The company’s website, while not providing detailed e-commerce functionality, highlights its wholesale operations and associated industries. It’s a cash and carry wholesaler, and the address is probably real as only three companies registered at the address.

Financially, Mir5 Ltd shows a mixed picture. Current assets have decreased by 16% to £230,000, while net assets have also fallen by 13% to £230,000. Bank borrowings have increased, and cash reserves have declined by 30% to £85,000. Creditors have decreased by 44%, suggesting improved debt management. The company’s small size helps it stay agile, but the equity drop raises questions. With no auditor mentioned, the figures rely on unaudited statements.

The company's retained earnings have also decreased, which could be a sign of increased spending. It seems like the company is operating, but it’s not necessarily burning through money—just facing some financial headwinds.

Registered in Scotland under the registration number SC554053, with a registered address at PH1 1JU, Scotland, Perth, 52 Muirend Road.

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