Moncasso Ltd

Moncasso Ltd is a small, active company based in Taunton, UK, established four years ago. It operates as an e-commerce business with a real address and is managed by three directors and two owners, employing just one person. The company specializes in retail sales via mail order and the internet, offering a range of wall art, including prints, canvases, and framed pieces.

The company’s website, Moncasso, showcases a curated selection of modern wall art, categorized by style (abstract, vintage, animals) and collection. It emphasizes gallery-quality prints, handcrafted production in the UK, and sustainable sourcing. The site actively promotes its products through social media and features a blog with styling tips and articles on art trends. They even plant a tree with every order.

Financially, Moncasso Ltd has seen some interesting shifts. Cash bank on hand has increased significantly, jumping 650% to £32,000, which is a good sign. However, creditors have also risen by 130%, reaching £28,000, which might indicate increased reliance on short-term financing. Debtors have completely vanished, dropping 100% to zero, which could be a positive sign of efficient payment collection, or it could suggest a change in business practices. Equity has also seen some volatility, with the Capital Redemption Reserve increasing, while Share Capital decreased slightly. Overall, net assets have improved by a substantial 150%, reaching £3,900. The company is classified as small, meeting two of three conditions: turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. There’s no auditor mentioned, which is common for small companies.

While the company’s growth in cash reserves is encouraging, the increase in creditors suggests a need to carefully manage short-term liabilities. The sudden disappearance of debtors is a little odd, but could simply be a temporary fluctuation. It’s clear that Moncasso Ltd is navigating the challenges and opportunities of an e-commerce startup, and its focus on quality and customer service seems to be paying off—although it’s a little unclear if the company is burning through money or not.

Registered in England/Wales under the registration number 13228371, with a registered address at TA1 2DX, England, Taunton, C/O Your Ecommerce Accountant The Keep, Creech Castle.

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