Mudd & Water Ltd

Mudd & Water Ltd, based in Halstead, UK, is a small, active company founded eighteen years ago in 7th March 2007. With a single employee and £126,265 in assets, it operates from a virtual address, a detail highlighted by the fact that 125 companies are registered at the same location. The business is led by a solo founder who also serves as director and owner. It runs an e-commerce site and regularly imports clothing and accessories made by knitting or crocheting, with 68 months of import activity recorded, the latest in August 2024.

The company’s website showcases a curated collection of womenswear, gift cards, and a boutique range, alongside classic and lifestyle pieces. It emphasizes sustainable fabrics, ethical manufacturing, and a focus on organic cotton, Lenzing EcoVero, and GOTS certification. The site’s design is clean and modern, featuring high-quality product photography and a user-friendly navigation system. It’s clear that Mudd & Water Ltd is targeting a conscious consumer interested in stylish, ethically-sourced clothing.

Financially, Mudd & Water Ltd presents a mixed picture. While current assets are at £130,000, they’re down 8.5% from the previous year. Net assets have plummeted 100% to -£30,000, a significant decline. Bank borrowings have increased dramatically, surging 3600% to £22,000. Cash reserves have also decreased by 67% to just £120. Creditors have decreased by 2.5%, suggesting some improvement in debt management. The company meets the criteria for a small business, with turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. There's no auditor mentioned, likely due to its small size and exemption from an audit.

Overall, Mudd & Water Ltd appears to be navigating a challenging financial environment. The sharp decline in equity raises concerns, but the focus on sustainable practices and a well-designed e-commerce site suggest a commitment to long-term growth. It will be interesting to see how the company responds to these pressures and whether it can maintain its position in the competitive ethical fashion market.

Registered in England/Wales under the registration number 06142283, with a registered address at CO9 3LZ, England, Halstead, Essex, Unit 6, Cherrytree Farm Blackmore End Road, Sible Hedingham.

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