Miss Gong Ltd

Miss Gong Ltd is a small, active company registered in London, UK, founded four years ago in October 2020. The company, led by a solo founder and single director, holds £35,838 in assets and operates from a real address. It’s a regular exporter, specializing in leather goods, travel bags, and animal harnesses – with 26 months of export activity recorded, the last in October 2023. The company’s activities are primarily focused on retail sale via mail order houses or via internet.

The company’s website, dedicated to the MS Gong Ride, showcases a very different operation. It’s a large-scale charity cycling event, attracting over 6,500 riders and raising significant funds for multiple sclerosis research. The event, held annually between Sydney and Wollongong, Australia, features various activities, including cycling competitions, merchandise sales, and fundraising initiatives. The website’s focus is on promoting the event, encouraging participation, and highlighting the impact of the fundraising efforts. It’s a well-designed site with a strong community feel, and it’s clear that the MS Gong Ride is a major undertaking.

Financially, Miss Gong Ltd presents a mixed picture. Current assets increased by 29%, reaching £36,000, while net assets also grew by 30%, settling at £23,000. However, cash bank on hand dropped significantly by 60%, leaving just £2,300. Trade debtors surged by 52%, reaching £34,000, and loans from directors increased to £9,100. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for flexibility, but the decrease in cash reserves could be a cause for concern. With no auditor mentioned, the figures are unaudited.

The contrast between the small, London-based company and the large-scale charity event is striking. It's unclear how closely the two operations are linked, but both appear to be driven by a strong sense of purpose. While the financial picture isn't entirely rosy, Miss Gong Ltd seems to be navigating the challenges of running a small business while also supporting a worthy cause.

Registered in England/Wales under the registration number 12948028, with a registered address at SW11 5QL, England, London, Flat 1 111 Lavender Hill.

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