Miracle Greens Ltd

Miracle Greens Ltd from Hayes UK: a small, active company founded six years ago, employs two people, and holds £131,174 in assets. It’s a solo founder operation with one director and a real address. The company irregularly imports machinery, boilers, and mechanical appliances, with the last import occurring one month ago in July 2021.

The company's website, MiracleGreens, focuses on food supplements aimed at boosting health and energy. It’s a fully-fledged e-commerce operation, selling a range of products like magnesium complexes, CoQ10 supplements, and marine collagen capsules. The site emphasizes “superfoods and natural antioxidants” and caters to customers seeking “best nutrition.” It’s clear Miracle Greens is targeting a health-conscious consumer base, offering both bestsellers and specialized products.

Financially, Miracle Greens Ltd presents a mixed picture. Current assets have fallen significantly, dropping 70% to £130,000. Bank cash has plummeted 81%, down to £74,000. Trade debtors have increased by 36%, while creditors have decreased by 77%. Equity has also declined by 14%, falling to £230,000. The company’s small size (meeting two of three criteria for a small company) allows for flexibility, but the sharp decline in cash reserves and equity raises concerns. The company’s unaudited accounts, as a small company exempt from audit, rely on director-reported data.

While the website appears active and well-designed, the financials suggest the company is burning through cash. The increase in trade debtors could indicate difficulties in collecting payments, or perhaps an expansion of credit terms to attract more customers. The company’s future hinges on its ability to maintain sales momentum and manage its cash flow effectively.

Registered in England/Wales under the registration number 11736841, with a registered address at UB3 2UB, England, Hayes, 6 Morgans Lane.

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