Muglamania Limited

Muglamania Limited, based in Haverfordwest, UK, is a small, active company founded 19 years ago. With £37,495 in assets and a real address, it's a solo-founded operation run by a single director and owner, Julien Christopher Huw. The company operates in the other retail sale not in stores, stalls or markets industries and is an irregular importer, with its top import category being electrical machinery and equipment, totaling 2 months of imports.

The company's website, sublimania.com, showcases a range of blank sublimation products, including MDF coasters, placemats, fridge magnets, jigsaw puzzles, mouse mats, name badges, and more. It appears to be a thriving e-commerce business, offering a diverse catalog and emphasizing quality and customization. The site even has a section for seasonal blanks, suggesting an ability to adapt to changing trends and customer demands.

Financially, Muglamania Limited presents a mixed picture. Current assets have increased by a substantial 150% to £37,000, while cash reserves have fallen by nearly 50% to £3,400. Bank borrowings remain steady at £460, and creditors have decreased by 25% to £43,000. A significant increase in deferred tax liabilities (570%) suggests a complex tax situation, and net losses have deepened considerably. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) keeps it nimble, but the equity drop and rising deferred tax liabilities are concerning. With no auditor mentioned (likely exempt as a small company), the figures rely on unaudited statements.

Overall, Muglamania Limited appears to be a small but active e-commerce business facing financial challenges. While its sublimation product range and online presence are impressive, the company needs to address its losses and manage its tax obligations to ensure long-term sustainability.

Registered in England/Wales under the registration number 05528216, with a registered address at SA62 6XN, Wales, Haverfordwest, Pembrokeshire, Caerfega Farm, Solva.

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