Musthud Ltd

Musthud Ltd, based in Cirencester, UK, is a small, active company founded four years ago. With a single employee and £46,312 in assets, it operates from a virtual address and is led by a solo founder who also serves as director and owner. The company runs an e-commerce site and irregularly imports various textile products, sets, used clothing, and rags—the last import activity occurred two months ago in August 2022.

Musthud’s website showcases a range of baby essentials, primarily bibs, muslin blankets, and pouches, all branded with the “Musthud” name. The site’s design is clean and modern, emphasizing high-quality products and positive customer reviews. It’s clear the company focuses on direct-to-consumer sales, offering free second-class shipping over £40 and highlighting its commitment to customer service. The site’s focus on baby products suggests a niche market strategy, catering to parents and gift-givers seeking stylish and functional items.

Financially, Musthud Ltd presents a mixed picture. Accumulated depreciation for furniture and fittings decreased by 70%, while plant and machinery depreciation increased by 48%. Cash bank on hand plummeted 69% to £1,000, and creditors decreased slightly to £75,000. Current assets, however, increased by 21% to £46,000, and trade debtors rose significantly by 96% to £1,300. The company's small size (meeting two of three criteria for a small company) helps it remain agile, but the sharp decline in cash reserves is a concern. The lack of an auditor mentioned suggests the company is exempt from an audit, relying on unaudited financial statements. It’s also worth noting that the company’s equity decreased by 24% to -£28,000.

Overall, Musthud Ltd appears to be a small e-commerce business navigating the challenges of growth. While its website and product range suggest a solid foundation, the financial data indicates a need to manage cash flow and potentially explore new revenue streams.

Registered in England/Wales under the registration number 13300039, with a registered address at GL7 1LF, England, Cirencester, Watermoor Point, Watermoor Road.

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