Mytogen Limited

Mytogen Ltd, based in Hastings, UK, is a small, active company founded thirteen years ago in 2011. It holds £2,639,896 in assets and operates from a virtual address—eleven companies share this address, so it's probably not a physical office. With two directors and a solo founder, the company has a Google rating of 5.0 based on one review. Mytogen is a regular importer, specializing in optical and medical tools and devices, with its last import operation recorded nine months ago in January 01, 2018.

The company’s website positions itself as providing "complete business solutions" for startups and small companies. It offers services like invoicing, credit control, warehousing, and IT support, essentially acting as an outsourced back office. Mytogen explains that it developed these systems over twenty years, initially supporting incubated companies at Labtech International Ltd. The website emphasizes that it allows entrepreneurs to focus on their core expertise, providing a defined monthly cost and predictable cash flow—a significant advantage over traditional startup expenses. It's a business that seems to be helping other businesses.

Financially, Mytogen Ltd shows some interesting trends. Cash reserves have increased dramatically by 190%, reaching £1,500,000, which is a very positive sign. However, net assets also increased by 160%, to £2,000,000, and creditors decreased by 96%, suggesting a significant reduction in outstanding debts. Bank borrowings have decreased by 25%, and trade debtors increased by 22%. While the company’s small size (meeting two of three conditions for being small) helps it remain flexible, the large increase in assets and decrease in creditors could be a sign of rapid growth, or perhaps a shift in business strategy. The lack of an auditor mentioned—likely due to being a small company—means the figures are unaudited.

Registered in England/Wales under the registration number 07715940, with a registered address at TN35 4PL, England, Hastings, Unit 7 Haywood Way.

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