Myflowers Ltd

Myflowers Ltd is a small, active company based in London, UK, established two years ago in August 2022. The company, with four employees and £125,745 in assets, operates from a virtual address—one of 805 companies registered at the same location—and is led by a single director and owner, Podyablonskiy Igor. It’s a solo founder operation, running an e-commerce site specializing in the retail sale via mail order houses or via internet industries. Myflowers Ltd is a regular importer, with its top import category being Live trees, plants, bulbs, roots, and flowers, totaling 33 months of imports, the last operation conducted on January 01, 2025.

The company’s online presence focuses on selling a variety of plants and floral products, catering to customers seeking live trees, plants, bulbs, roots, and flowers. While the website itself isn’t detailed, the business model clearly revolves around importing and selling these items directly to consumers.

Financially, Myflowers Ltd presents a mixed picture. Current assets are reported at £130,000, a slight decrease from the previous year. However, net assets have remained stable at £980,000. Bank borrowings are a notable factor, increasing significantly to £29,000, while cash reserves have also decreased to £120,000. Creditors remain relatively consistent at £1.2 million. The company meets the criteria for a small business, with turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. The lack of an auditor mentioned suggests the company is exempt from an audit as a small company.

Despite the stable net assets, the increased bank borrowings and decreased cash reserves could indicate Myflowers Ltd is investing in its business or facing tighter cash flow. The company’s reliance on importing suggests it’s vulnerable to supply chain disruptions and currency fluctuations, but its e-commerce model allows it to reach a wide customer base.

Registered in England/Wales under the registration number 14323957, with a registered address at W1W 7LT, London, 85 Great Portland Street, First Floor.

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