Mooch Ltd

Mooch Ltd from Bushey Heath UK: small company, active status, founded 10 years ago, £8,660 assets, real address, 4 directors, 2 owners, e-commerce site. Irregular importer of clothing and accessories, not knitted or crocheted (1 months imported). It’s a small company as it met two conditions of three: turnover less than £10.2 million, balance sheet less than £5.1 million, employees less than 50. The last reported current assets is £8,660. The company operates in the wholesale of clothing and footwear, the retail sale of clothing in specialised stores industries. Officially, it has two owners or PSCs, four directors and no number of employees published.

The company’s website, while not detailed, suggests a focus on e-commerce, likely selling clothing and accessories. The irregular import activity, with just one month of imports recorded in 2016, indicates a sporadic sourcing strategy. It’s not clear how closely the import and retail operations are linked.

Financially, Mooch Ltd presents a concerning picture. Current assets have plummeted 63%, dropping to just £8,660, while net assets have also decreased by 18%, now at -£14,000. Bank borrowings have reduced by 34%, but cash reserves have fallen dramatically, down 65% to £8,400. Creditors have also declined, but the overall trend points towards financial strain. The company's small size helps it stay agile, but the sharp decline in equity and cash raises questions about its long-term viability. With no auditor mentioned, the figures rely on unaudited statements.

It seems that the company is burning through money. The decrease in assets and cash reserves, coupled with negative equity, suggests that Mooch Ltd is struggling to generate profits. The reduction in bank borrowings is a positive sign, but it doesn’s offset the overall negative financial trends. The lack of employees and the irregular import activity could be signs of a lean operation trying to survive, but the financial data paints a worrying picture.

Registered in England/Wales under the registration number 09114694, with a registered address at WD23 1PA, Bushey Heath, Heathbourne House, Heathbourne Road.

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