Msh Retail Ltd
- Small
- Active
- 4 years
- £2,311 (assets)
- Virtual address
- 2 directors
- 2 owners
- Family business
- E-commerce
Two conditions of three:
1.Turnover < £10.2 million
2.Balance sheet total < £5.1 million
3.Average number of employees < 50
Field of Operation
Website
Summary
Msh Retail Ltd is a small, active company from Wadhurst, UK, founded four years ago. It operates as a family business with two directors and two owners, running an e-commerce site. The company holds £2,311 in assets and uses a virtual address, shared by ninety-seven other businesses.
Msh Retail Ltd specializes in women’s fashion and accessories, acting as a wholesaler. Its website showcases a wide range of clothing, from dresses and knitwear to scarves and bags, alongside a selection of socks and gift sets. It caters to wholesale customers, offering exclusive prints, bold designs, and member discounts. The site also features a separate section dedicated to "Sock Talk," highlighting bamboo socks and gift sets.
Financially, Msh Retail Ltd's performance presents a mixed picture. While current assets increased by 53% to £2,300, net assets decreased by 45% to -£5,900. Cash bank on hand fell by a significant 62% to just £29. Debtor’s ballooned by 110%, suggesting potential issues with customer payments, and provisions increased by 110%. The company’s small size (meeting two of three conditions for a small company) helps it remain agile, but the decrease in equity is a concern. Despite the lack of an auditor mentioned, the company’s financial statements are unaudited.
Overall, Msh Retail Ltd appears to be navigating a challenging financial landscape, balancing growth in assets with increased liabilities and a decline in equity. The company’s focus on wholesale and its diverse product range suggest a commitment to its niche market, but sustained profitability will depend on improved cash flow management and addressing the rising debtor’s.
Registered in England/Wales under the registration number 12880336, with a registered address at TN5 6AP, United Kingdom, Wadhurst, East Sussex, Pharmacy Chambers, High Street.
WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Owners & PSC
-
Individual
- Highsted Melanie Betty
- 4 years
- 2
- 25%+
-
Resident of United Kingdom
-
Individual
- Highsted Steven Barry
- 4 years
- 2
- 25%+
-
Resident of United Kingdom
Managers
-
Individual
- Highsted Steven Barry
- 4 years
- 2
-
Resident of United Kingdom
-
Individual
- Highsted Melanie Betty
- 4 years
- 1
-
Resident of United Kingdom
Last reports
The latest confirmation statement submitted seven months ago.
Last news
-
Confirmation statement made on 2024-09-14 with updatesDownload 4 pages pdf report
-
Total exemption full accounts made up to 2023-09-30Download 10 pages pdf report
-
Change of details for Mrs Melanie Powell as a person with significant control on 2023-07-21Download 2 pages pdf report
FAQ about Msh Retail Ltd
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