Miro Products Limited

Miro Products Ltd, based in Accrington, UK, is a small, active company founded six years ago in 2018. With five employees and £225,733 in assets, it operates from a virtual address – a fact highlighted by the presence of 43 other companies registered at the same location. The business is led by two directors and owned by two individuals, including a solo founder. Miro Products Ltd regularly imports machinery, boilers, and mechanical appliances, parts, with 28 months of import activity recorded, the latest in February 2025. It also exports electrical machinery and equipment, though less frequently, with just two months of export activity, the latest in January 2025.

The company’s website showcases a focus on premium kitchen extractor hoods, positioning itself as a supplier of high-quality products. It emphasizes manufacturing using only the highest quality materials and components, highlighting powerful, quiet cooker hoods suitable for all kitchen styles. The website features extensive customer testimonials, praising the company’s products, service, and support. It even has a section dedicated to awards and success stories, further reinforcing its reputation. The website also provides details on becoming a retailer and includes a contact form and address.

Financially, Miro Products Ltd shows some concerning trends. Current assets have decreased by 25% to £230,000, while net assets have plummeted 48% to £58,000. Bank borrowings have increased significantly, surging 450% to £23,000, and cash reserves have remained stable at £37,000. Creditors have also decreased by 20%, suggesting better debt management. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it stay agile, but the sharp equity drop raises questions. With no auditor mentioned (likely exempt as a small company), the figures rely on unaudited statements.

It seems that Miro Products Ltd is facing some financial pressures, despite its strong reputation for quality and customer service. The company's focus on premium products and its commitment to customer satisfaction may help it weather these challenges, but it will need to carefully manage its finances to ensure its long-term success.

Registered in England/Wales under the registration number 11621811, with a registered address at BB5 0EY, United Kingdom, Accrington, Oswaldtwistle Mills Business Centre, Clifton Mill, Pickup Street.

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