Mr Glee Ltd

Mr Glee Ltd from London UK: small company, active status, founded 2 years ago, 1 employee, £2,385 assets, virtual address, 1 director, 1 owner, solo founder. It operates in the retail sale via mail order houses or via internet industries. The company is a private limited company registered in England/Wales with the registration number 14280192. Officially, it has one owner or PSCs, one director, and one employee.

The company’s website, Headline Publishing Group, is primarily a platform for showcasing and selling fiction and nonfiction books and ebooks. It features a wide range of imprints and genres, from crime and mystery to romance and historical fiction. The site also includes author newsletters, exclusive competitions, and a focus on readers aged 13 or over. It’s not a direct e-commerce site in the traditional sense, but rather a marketing and promotional hub for their published works, directing readers to external retailers. The site’s focus is on content discovery and engagement, with a clear emphasis on building a community of readers. It’s a professional and well-designed site, reflecting the company’s focus on publishing quality literature.

Financially, Mr Glee Ltd’s report reveals a concerning trend. Current assets plummeted by a staggering 40% to just £2,400, while net assets also took a hit, dropping 88% to -£44,000. Bank borrowings increased significantly, and cash reserves dwindled. Creditors also increased, suggesting a build up of debt. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it stay nimble, but the sharp decline in equity is a worrying sign. With no auditor mentioned, the figures rely on unaudited statements. The company has taken exemption under Companies Act in not publishing its own profit loss account.

In short, Mr Glee Ltd appears to be facing financial headwinds. The company's focus on publishing and promoting books, rather than direct sales, might explain some of the challenges. It’s a small operation, and the numbers suggest it's burning through money, but it’s difficult to say for sure without more information.

Registered in England/Wales under the registration number 14280192, with a registered address at W1W 6XH, United Kingdom, London, 101 New Cavendish Street, 1st Floor South.

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