Munchkin Gifts Limited

Munchkin Gifts Limited, based in Oldham, UK, is a small, active company founded seven years ago in 2017. It employs eleven people and holds £3,224,943 in assets. The company operates in the retail sale via mail order houses or via internet industries. With a real registered address and a single director and owner, it’s a fairly streamlined operation. Munchkin Gifts regularly imports electrical machinery and equipment, with nine months of import activity recorded, the latest in December 2022.

The company’s website, Munchkin, focuses on baby and toddler products, including sippy cups, baby essentials, and feeding accessories. The site boasts free shipping over £29.99 and new product promotions, showcasing a focus on customer acquisition and retention. It's clearly an e-commerce business, with a wide range of products and a user-friendly interface.

Financially, Munchkin Gifts Limited presents a mixed picture. While net assets increased significantly by 900%, reaching £7.5 million, current assets also grew substantially by 510%, reaching £3.2 million. However, creditors increased by 180%, now standing at £800,000, and bank borrowings have also increased. Cash reserves, however, increased by 140%, reaching £130,000. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for flexibility, but the increase in creditors suggests a need for careful cash flow management. There’s no auditor mentioned, likely due to the company’s small size and exemption from an audit.

Overall, Munchkin Gifts Limited seems to be growing, but it's important to monitor its debt levels. The company’s focus on e-commerce and baby products suggests a potentially lucrative market, but success will depend on managing its finances effectively.

Registered in England/Wales under the registration number 11026357, with a registered address at OL9 8PB, England, Oldham, Chadderton Mill Fields New Road, Chadderton.

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