Mister Drippy Limited

Mister Drippy Limited is a small, active company based in Stoke-On-Trent, UK, founded four years ago. It's a solo-founder operation with two directors and two employees, holding £19,664 in assets and operating from a real address. The company’s focus is retail sale via mail order houses or via internet, specializing in pre-loved luxury goods – as evidenced by its website, “MISTER DRIPPY Buy Sell PreLoved Luxury.” The site features a clean, modern design with a focus on showcasing products, though currently, it displays “We dont have any products to show right now.” It also provides helpful resources like size conversion charts and art number checkers, alongside a mailing list for drop updates.

The company’s website is clearly geared towards an e-commerce model, although it currently lacks inventory. The site's design and content suggest a focus on luxury goods, particularly Stone Island apparel, with dedicated blog posts explaining how to identify the age and season of these items. The website’s structure, with its “SHOP,” “SELL,” and “LOGIN” sections, reinforces this focus on buying and selling pre-owned luxury items. It’s a well-designed site, but the lack of products is a noticeable absence.

Financially, Mister Drippy Limited’s report paints a mixed picture. While cash bank on hand has significantly dropped – a 79% decrease to just £310 – current assets have seen a modest 11% increase to £20,000. However, creditors have also risen by 3.3% to £19,000, and fixed assets have fallen by a substantial 44% to £1,600. Perhaps most concerning is the sharp decline in debtors, which has exploded by 1200% to £1,700, suggesting a potential issue with collecting payments. Equity has increased by 18% to £2,300, but net current assets have fallen dramatically by 340% to £980. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) means it’s likely exempt from an audit, and the report is unaudited.

Overall, Mister Drippy Limited appears to be experiencing some financial turbulence. The surge in debtors, combined with the decrease in cash reserves, suggests the company may be burning through money faster than it’s bringing it in. The lack of inventory on the website, coupled with the financial strain, raises questions about its long-term viability. It’s a lean operation, but it needs to address these financial challenges to sustain its presence in the competitive luxury resale market.

Registered in England/Wales under the registration number 12880010, with a registered address at ST6 1DS, England, Stoke-On-Trent, 29 - 31 Moorland Road.

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