Muneris Product By Design Ltd

Muneris Product By Design Ltd from Bradford UK: a small, active company founded ten years ago, employs five people, and holds £212,401 in assets. With two directors and one owner, it’s a compact operation based at a real address. The company is an irregular importer, primarily dealing in furniture, lighting, and prefabricated buildings, with just one month of import activity recorded as of January 2022.

The company operates in the letting and leasing of office machinery and equipment, and other tangible goods, as well as cars and light motor vehicles. Its website is currently unavailable, making it difficult to determine the specifics of its online presence and whether it operates an e-commerce platform.

Financially, Muneris Product By Design Ltd presents a mixed picture. Current assets have decreased by a significant 31%, dropping to £210,000, while net assets have also fallen by 4.6% to £1,000,000. Bank borrowings have increased by a considerable amount, reaching £29,000, and cash reserves have decreased by 5.6% to £190,000. Creditors have also decreased by 5.8% to £160,000. The company’s small size—meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees—helps it remain flexible, but the decline in equity raises questions about its financial health. There is no auditor mentioned, which is likely due to its status as a small company.

The company’s increased debt and decrease in assets suggest it may be burning through cash, but its ability to manage creditors suggests some degree of financial control. It’s a small company, and the numbers may not be indicative of a long term trend.

Registered in England/Wales under the registration number 09325276, with a registered address at BD11 1EJ, England, Bradford, King Street Works King Street, Drighlington.

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