Mycoils.online Limited

Mycoils Online Ltd from Coventry, UK, is a small, active company founded five years ago. It’s a solo venture employing just one person and holding £24,378 in assets, with a real address and a 5.0 Google rating from two reviews. The company is led by a single director and owner.

The company’s website currently displays a “Coming Soon” message, indicating it’s working on something new and encouraging visitors to stay tuned for updates. It seems like they are in the process of launching or rebranding, with no active e-commerce functionality currently available.

Financially, Mycoils Online Ltd presents a mixed picture. Cash bank on hand has significantly decreased by 140%, dropping to -£1,800, which is a worrying trend. Creditors have also fallen by 26%, suggesting some improvement in debt management. However, trade debtors have risen by 49%, potentially indicating difficulties in collecting payments. The company’s small size—meeting two of three conditions for a small company—helps it remain agile, but the drop in cash reserves and equity (-10%) raises concerns. Although no auditor is mentioned (likely exempt as a small company), the figures provide a snapshot of the company’s current financial state. It's clear that Mycoils Online Ltd is facing challenges, but the “Coming Soon” message suggests a renewed focus and a potential shift in strategy.

Registered in England/Wales under the registration number 12531568, with a registered address at CV4 9GB, England, Coventry, 3 Renolds Close.

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