Mymy Limited

Mymy Limited is a small, active company based in London, UK, established 25 years ago. It's a solo founder operation with one director and one employee, holding assets of £46,022. The company operates from a real address and is registered as a private limited company. It’s a small company as it met two conditions of three: turnover less than £10.2 million, balance sheet less than £5.1 million, and employees less than 50.

Mymy Limited’s website paints a picture of a community-focused mental health charity. It offers counselling services and wellbeing programmes to people aged 16 and over in the Newry, Mourne and Down council area. The charity runs a counselling service based in Newcastle, a charity shop, and hosts fundraising events. The website highlights a commitment to accessibility, with a focus on mental health support and community engagement. It even has a newsletter to keep people updated.

Financially, Mymy Limited’s report reveals some concerning trends. While the company’s equity increased by a significant 22% to £1.7 million, current assets decreased by 12% to £46,000. Bank borrowings have risen considerably, up 180% to £10,000, and net current assets and liabilities have also increased. The company’s creditors have also increased by 12%. The company’s property, plant, and equipment have also increased by 17%, with a significant increase in motor vehicles. It’s likely that the company is investing in its infrastructure, but the decrease in cash reserves suggests it's burning through money. With no auditor mentioned, the financial data is unaudited. The company’s reliance on grants and donations, as highlighted on the website, suggests a vulnerability to external funding fluctuations.

Registered in England/Wales under the registration number 03975627, with a registered address at SE7 7PR, England, London, 59 Sundorne Road.

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