Mns Knitwear Gb Ltd

Mns Knitwear Gb Ltd, based in Leicester, UK, is a small, active company established seven years ago. Employing 22 people, it holds £127,624 in assets and operates from a real address. While having two directors, it notably lacks reported owners. The company’s core business revolves around manufacturing other textiles, and it runs an e-commerce site. It’s an irregular importer of machinery parts, with the last import occurring in February 2024, and a regular exporter of knitted and crocheted clothing and accessories, with the last export in March 2024.

The company’s website showcases a focus on street style and unique clothing, with a section dedicated to sampling, production, and yarn quality. It highlights a team of designers and emphasizes the creation of clothes for everyone. Social media icons link to Facebook, Instagram, YouTube, and LinkedIn, indicating a digital presence. A newsletter signup form promises discounts, and a copyright notice reinforces its brand identity. Product has been added to your cart.

Financially, Mns Knitwear Gb Ltd presents a mixed picture. Accumulated depreciation on motor vehicles increased by 25%, while plant machinery and total depreciation also rose by 25%. Advances to directors saw a significant 66% increase, though repayments remained unchanged. The number of employees jumped 23%, reaching 27, but cash bank on hand plummeted 100%, leaving just £68. Bank borrowings increased dramatically, with an overdraft rising to £34,000, and creditors grew by 7.9%. Current assets declined by 37%, and debtors surged by an impressive 250%. Equity, however, took a substantial hit, falling 68%. The company’s small size (meeting two of three conditions for a small company) helps it stay nimble, but the equity decline and cash depletion are concerning. No auditor is mentioned, suggesting an unaudited report.

Registered in England/Wales under the registration number 11260313, with a registered address at LE4 9LG, England, Leicester, 105 Barkby Road.

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