Misirli Uk Limited

Misirli Uk Ltd, based in Leicester, UK, is a large holding company with an active status, having operated for 30 years. The company employs 49 people and holds assets worth £4,924,201, generating a yearly revenue of £16,787,001. It has five directors and one owner, and maintains a Google rating of 3.0 based on eight reviews. The business regularly imports and exports clothing and accessories made by knitting or crocheting, with 506 months of import activity and 12 months of export activity.

The company’s website showcases a diverse range of activities. It’s a textile manufacturer with a focus on licensing, partnering with companies like Tesco and Matalan. They offer a wide portfolio of licensed products, including Star Wars, Sonic, and Wednesday, and operate a design, sales, and merchandising team in the East Midlands. Misirli UK Ltd manufactures nightwear, underwear, hosiery, socks, and accessories for men, women, and children, and even offers a range of giftable products. The site highlights their commitment to compliance, ethical practices, and global operations.

Financially, Misirli Uk Ltd presents a mixed picture. While turnover remains strong at £16.7 million, several key metrics have declined. Current assets have fallen by 14%, dropping to £4.9 million, and net assets have decreased by 31%, settling at £2.8 million. Bank borrowings have plummeted by a staggering 99%, reaching zero, and cash reserves have fallen by 7.3%, leaving £1.7 million. However, creditors have decreased by 30%, suggesting improved debt management. The company meets two of three criteria to be classified as a large company, indicating a solid size, but the decline in net assets and cash reserves warrants attention. The lack of an auditor mentioned suggests the company is exempt from external audits, relying on internally generated financial statements.

The company’s focus on licensed products and partnerships seems to be a strength, but the financial trends suggest it may be facing challenges in maintaining profitability and liquidity. The change in ownership five months ago could indicate a strategic shift, but it’s too early to tell if it will positively impact the company’s financial performance.

Registered in England/Wales under the registration number 02941920, with a registered address at LE4 8AS, United Kingdom, Leicester, Unit 5 22 Pinfold Road, Thurmaston.

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