My Mini Factory Limited

My Mini Factory Limited, based in London, UK, is a small, active company established ten years ago in 2015. Employing 25 people and holding assets of £873,631, it operates from a real address at 2 Berners Road. With five directors and one owner, the company’s core business revolves around “other information service activities n.e.c.” and irregular importing of electrical machinery and equipment, with the last import operation occurring two months ago.

The company’s website is currently unavailable, making it difficult to ascertain the specifics of its operations. However, the company is listed as operating in the information service industry.

Financially, My Mini Factory Limited presents a mixed picture. While cash reserves increased by 5.5% to £780,000, trade debtors experienced a significant drop of 26% to £89,000. Liabilities also decreased, with creditors falling 16% to £40,000. The number of employees increased by 20% to 30, which is a good sign. However, retained earnings and accumulated losses declined by 2.6% to -£2,600,000. Despite these challenges, the company’s small size (meeting two of three conditions for a small company) allows for agility. The accounts are unaudited, and no auditor is mentioned.

The company's financial data suggests it’s not burning through money rapidly, but it’s not experiencing significant growth either. The decrease in debtors could indicate improved collection practices, but the decline in equity raises questions about long-term sustainability. It’s a company that appears to be holding its own, but needs to find a way to generate more profit.

Registered in England/Wales under the registration number 09562672, with a registered address at N1 0PW, England, London, 2 Berners Road.

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