My Little Selection Limited
- Small
- Active
- 12 years
- Confirmation overdue 6 months
- 2 employees
- Real address
- 3 directors
- 2 owners
- Family business
Two conditions of three:
1.Turnover < £10.2 million
2.Balance sheet total < £5.1 million
3.Average number of employees < 50
Field of Operation
Website
Summary
My Little Selection Limited is a small, family-run business based in Nuneaton, UK, with an active status. Founded twelve years ago in 2012, the company employs just two people and operates from a real address. It’s led by three directors and owned by two individuals, Patel Nila Lallubhai and Patel Pranay. The business is active in both retail via mail order houses or via internet and the fitness facilities industries.
The company's website is currently unavailable, making it difficult to assess its e-commerce presence. Without a live site, it’s impossible to determine the scale of its online operations or the types of products it offers.
Financially, My Little Selection Limited is facing some challenges. While the company is classified as small (meeting two of three conditions: turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees), its financial health appears fragile. Cash bank on hand has completely disappeared, dropping a staggering 100% to zero. Current assets have also vanished, falling 100% to zero. Net assets and net current assets are both at -£87,000, a concerning figure. Creditors have slightly decreased by 4.1% to £87,000, which could indicate some improved debt management. However, the dramatic decline in cash and assets suggests the company is burning through money, and the negative equity is a significant red flag. The company’s accounts are described as “filleted” and unaudited, which is common for small companies.
The lack of cash reserves and the negative equity could be attributed to various factors, such as increased operating expenses, slow-paying customers, or a decline in sales. It's also possible that the company has been investing in growth, but those investments haven't yet yielded a return. It’s important to note that the company’s financial data is unaudited, so these figures may not be entirely accurate.
Registered in England/Wales under the registration number 08243917, with a registered address at CV11 5LS, England, Nuneaton, 2 Chandos Street.
WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Owners & PSC
-
Individual
- Patel Nila Lallubhai
- 9 years
- 25%+
-
Resident of United Kingdom
-
Individual
- Patel Pranay
- 9 years
- 1
- 25%+
-
Resident of United Kingdom
Managers
-
Individual
- Patel Pranay
- 12 years
- 1
-
Resident of United Kingdom
-
Individual
- Patel Nila Lallubhai
- 12 years
-
Resident of United Kingdom
-
Individual
- Patel Nila Lallubhai
- 12 years
-
Resident of United Kingdom
Last reports
The latest confirmation statement submitted one year ago.
Last news
-
Total exemption full accounts made up to 2024-10-31Download 8 pages pdf report
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Total exemption full accounts made up to 2023-10-31Download 9 pages pdf report
-
Confirmation statement made on 2023-10-07 with no updatesDownload 3 pages pdf report
FAQ about My Little Selection Limited
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