Mrrs Empire Ltd

Mrrs Empire Ltd from South Croydon UK: a small, active company founded six years ago, holds £62,494 in assets, and operates from a real address. It's a solo founder venture, managed by one director and owner, and runs an e-commerce site. The company regularly imports machinery, boilers, and mechanical appliances parts – for the last 12 months, with the most recent import in November 2023 – and exports similar items, though less frequently, with three months of export activity ending in August 2024.

The company's website showcases a wide range of refurbished Apple products, from MacBooks to iPads, with a focus on competitive pricing and a 6-month warranty. It’s clear they’re targeting the consumer market, with a focus on online sales and a newsletter to build customer loyalty. The site also has a blog section, which is a nice touch, and a special offers section.

Financially, Mrrs Empire Ltd’s recent performance paints a mixed picture. Current assets have decreased by 28%, dropping to £62,000, while bank borrowings have fallen by 26%, settling at £30,000. Cash on hand has seen a significant drop, falling 63% to just £10,000. Trade debtors have also decreased by 22%, which is a good sign. However, creditors have also fallen by 26%, and other creditors have vanished completely, which is a bit odd. The company's small size (meeting two of three conditions for being small: turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) means it likely avoids an audit, relying on unaudited accounts.

Overall, Mrrs Empire Ltd seems to be navigating a period of change. While it’s maintaining its import and export activities, the decline in cash reserves and the unusual creditor situation suggest it's facing some financial pressures. It’s a small operation, but the focus on refurbished Apple products and online sales could be a recipe for success, if they can manage their finances effectively.

Registered in England/Wales under the registration number 11802657, with a registered address at CR2 0BS, England, South Croydon, Suite 108 Capital Business Centre, 22 Carlton Road.

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