My Go Ltd

My Go Ltd is a small, active company based in Nottingham, UK, founded thirteen years ago in 2011. With two employees and £333,152 in assets, it operates from a virtual address shared by over a hundred other companies. The company is run by one director and owner, Hall Richard. It’s a regular importer of electrical machinery and equipment, with 23 months of import activity recorded, the last in December 2024. The company operates in the retail sale via mail order houses or via internet industries.

The company’s website, while not providing extensive details, suggests a focus on online retail. It’s unclear if there’s an active e-commerce presence, but the company’s description points towards a business selling goods directly to consumers online.

Financially, My Go Ltd presents a mixed picture. Current assets decreased by 7% to £330,000, while net assets increased by 9.8% to £150,000. Bank borrowings increased by 2.7% to £6,900, and cash reserves grew by a significant 72% to £16,000. Creditors decreased by 18%, suggesting better debt management. 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 changes in creditors and debtors suggest a shift in payment terms. With no auditor mentioned (likely exempt as a small company), the figures rely on unaudited statements.

Overall, My Go Ltd seems to be navigating a period of change. While the company’s financials aren't alarming, the shifts in key metrics warrant closer monitoring to ensure long-term stability.

Registered in England/Wales under the registration number 07703525, with a registered address at NG12 4DG, England, Nottingham, Unit 8 Wheatcroft Business Park Landmere Lane, Edwalton.

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