Morio-labs Limited

Morio Labs Ltd, based in London, UK, is a small, active company founded three years ago. With two employees and £189,416 in assets, it operates from a real address and is led by two directors and a solo founder. The company irregularly imports furniture, lighting, and prefabricated buildings, with the last import operation recorded one month ago in March 2023.

The company’s website reveals a focus on Japanese wellness innovation, positioning itself as a group bringing cutting-edge technologies to a wider audience. It partners with Japanese companies in fields like hydrogen inhalation therapy and personal protective equipment, aiming to connect wellness for all. The website details a mission to monitor international wellness trends, adapt technologies for the European market, and provide patient access through its own spa brand and online retail channel. The team includes a health and wellness physiotherapist, an operations specialist, and a marketing expert – the latter a Sunday Times bestselling author.

Financially, Morio Labs Ltd presents a mixed picture. While the company's net current assets decreased by 15% to £190,000, trade debtors have increased dramatically by 1900%, reaching £18,000. Cash bank on hand has fallen by 79%, down to £10,000, and equity has decreased by 84%, now standing at -£110,000. Creditors have also increased by 31%, reaching £310,000. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) means it’s likely exempt from an audit, so the figures are unaudited. The substantial increase in trade debtors suggests the company is waiting on payments, which could be a short-term challenge.

Registered in England/Wales under the registration number 13938556, with a registered address at SW7 2HP, England, London, First Floor, 38 Thurloe Place.

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