Moonoro Ltd

Moonoro Ltd from Harrow UK: a small, active company founded four years ago, is facing some financial headwinds. Accounts and confirmation statements are overdue for a year, and assets are reported at a modest £109. Despite being a solo founder operation with one director and owner, the company runs an e-commerce site and has a Google rating of just 1.0 based on two reviews.

The business operates in the retail sale via mail order houses or via internet, and 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 registered address is real, with only one other company registered there.

Looking at the financials, Moonoro Ltd’s situation is concerning. Current assets are at £110, but net losses have deepened to -£36. Bank borrowings are at £45, and cash reserves are a meager £9. Creditors are also at £45. The lack of employees (zero reported) suggests a very lean operation. While the company is exempt from an audit, the unaudited figures paint a picture of a business struggling to generate profit. It’s possible that the company is reinvesting heavily in its e-commerce platform, but the lack of cash and growing debts are a cause for concern. The low Google rating also suggests potential issues with customer service or product quality.

Registered in England/Wales under the registration number 12835380, with a registered address at HA1 2BT, United Kingdom, Harrow, Middlesex, 17 Masters Court Lyon Road.

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