The Myers Touch Limited
- Small
- Active
- 20 years
- 7 employees
- £241,914 (assets)
- Real address
- 3 directors
- 1 owner
- Regular importer
- Irregular exporter
Two conditions of three:
1.Turnover < £10.2 million
2.Balance sheet total < £5.1 million
3.Average number of employees < 50
Field of Operation
Website
Summary
The Myers Touch Ltd, based in Winchester, UK, is a small, active company established twenty years ago. With seven employees and £241,914 in assets, it operates from a real address and is overseen by three directors and a single owner. The company regularly imports furniture, lighting, and prefabricated buildings—a consistent pattern over the past twenty-three months, with the latest import occurring in December 2024. Export activity is minimal, limited to just one month of activity back in December 2020.
The company’s website showcases a focus on luxury kitchen design. It’s clear that The Myers Touch Ltd isn’t just a retailer; it’s a design studio offering bespoke kitchen solutions, with a strong emphasis on aesthetics and craftsmanship. The site features project galleries, mood boards, and trend reports—all designed to inspire potential clients. They even have a showroom, offering a tangible experience of their designs.
Financially, the picture is a bit mixed. While current assets remain steady at £240,000, net assets have significantly decreased by 65%, falling to just £2,100. Bank borrowings have also increased, reaching £15,000, and cash reserves have dropped by 61%, settling at £52,000. Creditors have risen by 11%, reaching £240,000, and trade debtors have skyrocketed by 530%, reaching £71,000. It's worth noting that the company meets the criteria for a small business, with turnover below £10.2 million, assets under £5.1 million, and fewer than fifty employees. As a small company, it’s exempt from an audit, so the figures are unaudited.
The sharp drop in equity is a point of interest, suggesting a period of reduced profitability or increased investment. The surge in trade debtors could indicate challenges in collecting payments from clients, or perhaps a deliberate strategy to offer more credit. Overall, The Myers Touch Ltd appears to be navigating a period of change, balancing its reputation for high-end design with the financial realities of a small business.
Registered in England/Wales under the registration number 05198254, with a registered address at SO23 7ND, Winchester, Hampshire, 29 Springvale Road.
WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Owners & PSC
-
Individual
- 9 years
- 1
- 25%+
-
Resident of United Kingdom
Managers
-
Individual
- 20 years
-
Resident of United Kingdom
-
Individual
- 20 years
-
Resident of United Kingdom
-
Individual
- 20 years
-
Resident of United Kingdom
Last reports
The latest confirmation statement submitted ten months ago.
Last news
-
Total exemption full accounts made up to 2024-01-31Download 10 pages pdf report
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Confirmation statement made on 2024-08-02 with no updatesDownload 3 pages pdf report
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Total exemption full accounts made up to 2023-01-31Download 11 pages pdf report
Importer profile by HS codes
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Last imported products
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Exporter profile by HS codes
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FAQ about The Myers Touch Limited
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