Momina Designer Outfits Limited

Momina Designer Outfits Limited, based in Preston, UK, is a small, active company founded four years ago. With a single employee and £22,423 in assets, it operates from a virtual address—a point worth noting as twenty-one companies share this same address. The company is led by one director and one owner, and currently holds a perfect 5.0 Google rating based on a single review. The business specializes in retail sales via mail order and internet, catering to customers seeking designer clothing.

The company’s website, while not extensively detailed, highlights a focus on online retail. It's clear they're operating primarily through an e-commerce platform, offering a selection of designer outfits. The website’s simplicity suggests a lean operation, prioritizing direct sales rather than extensive marketing or brick-and-mortar presence.

Financially, Momina Designer Outfits Limited presents a mixed picture. While cash reserves increased by a respectable 37% to £9,600, current assets have decreased by 22% to £22,000. A significant drop in trade debtors, falling 54% to just £840, is a positive sign, suggesting improved collection of payments. However, a substantial increase in creditors, up 6.4% to £34,000, indicates a greater reliance on short-term financing. The company's equity has taken a hit, plummeting 720% to -£6,100—a concerning trend that could indicate the business is burning through cash. The lack of a mentioned auditor is not surprising given its small size and exemption status.

Overall, Momina Designer Outfits Limited appears to be a small, online-focused business facing financial pressures. While the increase in cash and decrease in debtors are encouraging, the negative equity and rising creditors suggest a need for careful financial management. The company's future depends on its ability to maintain sales and control costs—something that’s always a challenge for a small, independent retailer.

Registered in England/Wales under the registration number 12698150, with a registered address at PR2 2YP, England, Preston, Unit 7 Navigation Business Village, Navigation Way.

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