Mirage Health Group Limited

Mirage Health Group Ltd from Welwyn Garden City UK: small company, active status, founded 24 years ago, 6 employees, £367,579 assets, real address, 1 director, 1 owner, solo founder. Regular importer of optical and medical tools and devices (40 months imported). Regular exporter of optical and medical tools and devices (51 months exported). It's a small company as it met two conditions of three: turnover less than £10.2 million, balance sheet less than £5.1 million, employees less than 50. The company operates in the agents specialized in the sale of other particular products industries. Officially, it has one owner or PSCs, one director, and six employees.

The company’s website, miragehealthgroup.co.uk, appears to be non-functional, offering no insight into their operations beyond what’s available in the company report. There's no indication of e-commerce activity or online sales; instead, it seems to act as a contact point for a business focused on sales agent services.

Financially, Mirage Health Group Ltd’s recent performance presents a mixed picture. While current assets have increased by 13% to £370,000, net assets have also increased by 4% to £190,000. Bank borrowings have decreased by 16% to £24,000, suggesting improved financial management. However, accrued liabilities have seen a dramatic increase of 650% to £57,000, which could indicate increased short-term obligations. Trade debtors have decreased by 34% to £72,000, which may reflect better collection practices or a shift in credit terms. The company’s small size helps it stay agile, but the increase in accrued liabilities raises questions about its short-term financial health. The company is audited by Godfrey Laws & Co Limited.

The significant rise in accrued liabilities, coupled with a decrease in cash reserves, suggests the company may be burning through cash faster than it's generating revenue. The company’s reliance on a single founder, Bishop Jeremy Marcus, could also pose a risk, as his absence could disrupt operations.

Registered in England/Wales under the registration number 04168544, with a registered address at AL7 1AU, England, Welwyn Garden City, Hertfordshire, 11 Tewin Court.

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