Mriah Limited

Mriah Ltd, based in Hoddesdon, UK, is a medium-sized holding company with an active status. Established sixteen years ago in 2008, it employs fourteen people and holds assets totaling £13,787,615. The company generates a yearly revenue of £24,000,258, operating from a real address in Hertfordshire. With two directors and one owner, Mriah Ltd maintains a Google rating of 3.0 based on four reviews. It’s a regular importer and exporter of footwear and related items, with 237 months of import activity and 21 months of export activity.

The company’s core business appears to be retail sales via mail order and internet, as indicated in its official description. While a website isn't provided, this suggests a focus on online distribution of footwear. It's likely that Mriah Ltd acts as a distributor or wholesaler, sourcing footwear from various manufacturers and selling it to retailers or directly to consumers online.

Financially, Mriah Ltd’s recent performance presents a mixed picture. Creditors increased by 67%, while deferred income decreased by 67%. Administrative expenses rose by 21%, and bank borrowings increased significantly by 330%. However, cash bank on hand decreased by 20%. The company’s net assets increased by 50%, which is a positive sign. The company’s turnover decreased by 32%, which could be due to various factors, such as increased competition or changes in consumer demand. The company’s small size (meeting two of three criteria for turnover under £36 million, assets under £18 million, and fewer than 250 employees) allows for flexibility, but the decrease in turnover warrants close monitoring. The company’s accounts are audited, and the auditor is Affinia (Colchester).

Overall, Mriah Ltd seems to be navigating a period of change. The increase in bank borrowings and decrease in cash reserves suggest that the company may be investing in growth or facing short-term financial pressures. The audited accounts provide some reassurance, but the company’s management will need to carefully monitor its financial performance and adapt to changing market conditions.

Registered in England/Wales under the registration number 06614398, with a registered address at EN11 0BZ, United Kingdom, Hoddesdon, Hertfordshire, 1 Pindar Road.

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