The Mothership Group Ltd

The Mothership Group Ltd from Godalming UK: small company, holding company, active status, founded 4 years ago, 26 employees, £267,138 assets, virtual address, 4 directors, 1 owner. It operates as a holding company, acquiring and building health and wellness brands of the future. The company's virtual address, shared by 24 other businesses, raises questions about its physical presence. 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, employees less than 50.

The Mothership Group's website clearly positions itself as an acquirer of health and wellness brands, not a retailer. It’s offering a valuation service and emphasizing a “fast, efficient, and hassle-free” approach to acquisitions, promising high upfront prices and ongoing rewards for sellers. The site highlights a commitment to sustainability, with a third of the company's shares allocated to a foundation funding improved social mobility. It's not an ecommerce site, but rather a business development platform.

Financially, The Mothership Group Ltd shows a mixed picture. While turnover isn’t explicitly stated, current assets have fallen by 40% to £270,000. Net assets have taken a significant hit, plummeting 120% to -£6.9 million. Bank borrowings have surged by 75%, reaching £5.8 million, and cash reserves have dropped 81% to £45,000. Creditors have increased by 42%, and trade creditors have doubled. Despite these challenges, the company's average number of employees has increased by 23%, from 26 to 32. The company is likely burning through cash, but the increase in employees suggests ongoing investment in its acquisition strategy. With no auditor mentioned, the financial statements are unaudited.

Registered in England/Wales under the registration number 13013594, with a registered address at GU7 1LQ, England, Godalming, Surrey, Ashcombe Court, Woolsack Way.

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