Mystrica Ltd

Mystrica Ltd from Linlithgow UK: a small, active company founded 18 years ago, operates with just two employees and holds £67,804 in assets. It’s a family business with two directors and owners, and was started by a solo founder. The company irregularly imports electrical machinery and equipment, with its last import operation occurring over two years ago.

The company’s website, accessible through Microsoft Internet Information Services 8, suggests a focus on the manufacture of electronic measuring and testing equipment—not for industrial process control. It appears to be a small operation, meeting two of three conditions to be considered small: turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees.

Looking at the financial data, Mystrica Ltd shows a mixed picture. While current assets increased by 11% to £68,000, net assets took a significant drop, falling 32% to £66,000. Bank borrowings increased substantially, and cash reserves decreased. Creditors also rose considerably, suggesting a reliance on short-term financing. The company’s intangible assets have decreased by 56%, which may indicate a shift in strategy or reduced investment in development. The company’s trade debtors have also increased, which could mean that customers are taking longer to pay.

Despite these challenges, Mystrica Ltd’s small size allows for flexibility. The lack of an auditor (likely due to its small size) means the figures are unaudited, but they offer a snapshot of the company's financial health. It’s clear that the company is facing some financial pressures, but its long-standing presence and family ownership suggest a determination to weather the storm.

Registered in Scotland under the registration number SC312970, with a registered address at EH49 7HN, Scotland, Linlithgow, 25 Wateryett.

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