Mitigate Ltd

Mitigate Ltd, based in Southampton, UK, is a small, active company established five years ago. It operates as an e-commerce site with a single employee and a real registered address. The company is led by one director and owner, Kingsley Thomas James.

The business is involved in a diverse range of activities, including acting as agents for the sale of various goods, retail via mail order and internet, warehousing and storage, and even buying and selling real estate. Its website showcases a vast array of products, from consumer electronics and clothing to home goods, health & beauty items, and even industrial equipment. The site’s categories are extensive, suggesting a broad target market and a desire to be a one-stop shop for online shoppers.

Financially, Mitigate Ltd presents a concerning picture. While the company's assets were £420,000 in 2024, they’ve plummeted to just -£19,000 in 2025. Cash reserves have vanished completely, dropping from £76,000 to zero. Creditors have also increased significantly, jumping from £510,000 to £430,000. The company’s net current assets liabilities have also taken a dramatic hit, falling from £76,000 to -£430,000. It's a worrying trend, indicating that the business is burning through cash at a rapid pace. The company’s small size (meeting two of three conditions for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) means it avoids a formal audit, but the unaudited figures raise serious questions about its long-term viability. It seems the company has been relying heavily on credit to stay afloat, but this is not a sustainable model.

Registered in England/Wales under the registration number 12534439, with a registered address at SO15 2JU, England, Southampton, Office G:25, Mountbatten House, Grosvenor Square.

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