Openmindfulness Ltd

Openmindfulness Ltd is a small, active company registered in London, UK, founded five years ago in 2020. It operates with a virtual address, employs one person, and holds £7,403 in assets. Sahin Azize serves as both the director and owner of the company.

The company’s website, openmindfulness.co.uk, focuses on providing mindfulness meditation courses and practice sessions, both in-person and online, primarily around Glasgow. It offers a range of courses, including mindfulness for health, meditation courses, self-compassion practices, and retreats, catering to individuals, schools, and workplaces. Jim Ewing, a registered mindfulness teacher, leads many of these sessions and offers various courses, including the Mindfulness Based Living Course (MBLC). The website also details drop-in sessions and workshops, showcasing a commitment to accessible mindfulness practices.

Financially, Openmindfulness Ltd presents a mixed picture. Current assets have increased by a significant 88%, reaching £7,400, while cash reserves have also increased by 19%, reaching £3,100. However, equity has decreased by 45%, dropping to £460, and net assets have also fallen by 40% to £560. Creditors have increased, both within and after one year, and taxation and social security payable have risen considerably by 73%. The company’s small size—meeting two of three conditions for being a small company—allows for flexibility, but the decline in equity is something to watch. No auditor is mentioned, which is typical for companies of this size.

Overall, Openmindfulness Ltd seems to be operating, but the drop in equity suggests it’s burning through cash. The company’s focus on online courses and a strong online presence could be key to its future success, but managing its finances will be crucial.

Registered in England/Wales under the registration number 12391152, with a registered address at N15 5EA, England, London, 151 West Green Road.

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