Mungo Horn Limited

Mungo Horn Limited, based in New Milton, UK, is a small, active company founded four years ago. With just one employee and £8,571 in assets, it operates from a virtual address shared by 53 other companies, a fact that raises some questions. The company is run by one director and owner, Lotha Rhon Humtsoe, and focuses on importing toys, games, and sports equipment, though its import activity has been irregular, with the last recorded operation occurring two months ago in June 2022.

The company’s website reveals a different facet: Mungo Web Design. This arm of the business specializes in web design and online marketing, catering to a range of clients from racing drivers to tuition providers. Their services include business email setup, cloud telephony, and social media management, suggesting a broader digital marketing focus. The website showcases a portfolio of sleek, user-friendly websites, emphasizing engaging visuals and seamless integration. It’s clear that Mungo Web Design aims to provide accessible, high-quality web solutions.

Financially, Mungo Horn Limited presents a mixed picture. Current assets have significantly decreased by 31%, dropping to £8,600, while net losses have deepened to -£31,000. Bank borrowings have vanished completely, a positive sign, but cash reserves have also plummeted by 55%, leaving just £2,600. Trade debtors have surged by an impressive 450%, indicating potential issues with customer payments or a shift towards more credit-based sales. The company’s small size (meeting two of three conditions for being considered small) allows for agility, but the decline in equity and cash reserves suggests a need for careful financial management. No auditor is mentioned, likely due to the company’s small size and exemption from an audit. The company’s website, however, shows a strong focus on client acquisition and service delivery, which could be a sign of future growth.

Registered in England/Wales under the registration number 13076660, with a registered address at BH25 6JX, England, New Milton, Hampshire, 36a Station Road.

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