Mo Bro's Limited

Mo Bro's Limited, based in Leicester, UK, is a small, active company founded eight years ago in 2017. With two directors and two owners (though the full list isn't public), it's a family-run business operating an e-commerce site specializing in beard care products. The company employs just two people and holds £250,857 in assets. Its registered address is likely virtual, as twenty-one companies share the same location.

The website, Mobro's, caters to a global community of bearded men, offering a wide range of grooming kits, oils, balms, and accessories. It's clear that Mobro’s has a strong brand identity, with a focus on natural, ethical, and sustainable ingredients. The site also features a blog with helpful content on beard styles and care tips, which is a nice touch.

Financially, Mo Bro's Limited’s recent report shows a mixed picture. While current assets increased by 39% to £250,000, cash reserves dropped significantly by 94% to just £11,000. Debtors have increased dramatically, by 40,000%, reaching £240,000 – a big jump that could indicate increased sales but also potential payment issues. Equity also increased by 39% to £250,000. The company meets the criteria for a small business, with turnover under £10.2m, assets under £5.1m, and fewer than 50 employees. The accounts are described as “filleted,” meaning they are unaudited and rely on director-reported data.

The company's reliance on debt is a point of concern, but the growth in assets suggests increased sales. The lack of cash reserves could make it difficult to weather any unexpected expenses. It's likely that the company is reinvesting profits back into the business to fuel growth, but it’s important to monitor the debt levels closely.

Registered in England/Wales under the registration number 10646874, with a registered address at LE2 4DS, United Kingdom, Leicester, 9 Stoughton Road, Oadby.

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