Ml House Limited

Ml House Limited, based in Hove, UK, is a small, active company founded five years ago. With £7,371 in assets and a real address, it’s a compact operation managed by one director and two owners. The business runs an e-commerce site and operates within a diverse range of industries, including retail mail order, advertising agencies, take-away food shops, and business support services.

The company’s website is currently unavailable, so it’s difficult to ascertain the specifics of its online operations. However, the e-commerce designation suggests a focus on online sales, likely complementing its broader industry involvement.

Financially, Ml House Limited presents a mixed picture. Over the past year, cash bank on hand has decreased by 39%, falling to £4,400. Net assets have also taken a hit, dropping 44% to £5,700. Creditors have decreased by 54%, which is a positive sign, but trade debtors have plummeted by a significant 69%, potentially indicating difficulties in collecting payments. The company’s losses deepened considerably, with a loss of £1,600 reported compared to a profit of £160 the previous year. While the company meets the criteria for a small company (turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees), the substantial losses and declining cash reserves raise concerns. There’s no mention of an auditor, which is typical for small, exempt companies. It's possible the company is experiencing growing pains as it expands into multiple sectors, or perhaps it’s facing increased competition within those markets.

Registered in England/Wales under the registration number 12016318, with a registered address at BN3 3YL, United Kingdom, Hove, 27 Blatchington Road.

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