Morgan & Butler Limited

Morgan & Butler Limited, based in Hope Valley, UK, is a small, active company founded ten years ago in 2014. The company holds £1,501 in assets and operates from a real address in Eyam, with two directors and two owners reported. It’s a small company, meeting two of three conditions: turnover less than £10.2 million, balance sheet total less than £5.1 million, and fewer than 50 employees. The business operates in the retail sale via mail order houses or via internet industries.

The company’s website, Morgan Butler, offers a straightforward layout with sections for "Shop," "About," "Events," "Contact," "Terms and Conditions"—suggesting a primarily e-commerce focus. There’s no elaborate branding or content beyond these basic navigational elements, indicating a functional, rather than a heavily marketed, online presence. It’s a simple shop.

Financially, Morgan & Butler Limited presents a concerning picture. Current assets have plummeted by 55%, dropping to just £1,500, while net assets have also decreased significantly, falling to -£12,000. Cash reserves have vanished, dropping 99% to a mere £11, with bank borrowings remaining at £14,000. Creditors are stable at £14,000. Plant and machinery have also decreased by 33%. The company's small size helps it stay nimble, but the sharp decline in equity and the near-total loss of cash reserves raise serious questions about its financial health. No auditor is mentioned, which is expected for a small company, and the accounts are unaudited.

The company’s financial data suggests it’s burning through money, rather than building reserves. While the retail sale via mail order or internet business model can be efficient, the lack of cash and the negative equity indicate a need for careful management. Whether the business can recover from this challenging financial position remains to be seen.

Registered in England/Wales under the registration number 09149731, with a registered address at S32 5RB, England, Hope Valley, Sandwath Cottage The Square, Eyam.

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