MINOTI LTD
Company number 09860510 · Monitor this company
Executive summary
Minoti Ltd is in a state of acute financial distress, having swung from a positive net asset position of £63,761 in 2023 to a deeply insolvent deficit of -£667,705 in 2024. The business is technically balance-sheet insolvent and suffers from severe negative working capital, relying entirely on the ongoing forbearance of its long-term creditors—likely related parties—to continue trading. Immediate capital restructuring, particularly the conversion of director loans to equity, is critical to stabilize the company's financial health.
Shareholders' funds
-£1,181,763
Balance sheet as at 2025-12-31
What it does
The principal activity of the company is Design and retail of clothing
The company's own description, from its latest filed accounts.
Overview
- Company type
- Private Limited Company
- Incorporated
- 2015-11-06
- Employees
- 11 (2025 accounts · was 15 in 2024)
- Registered office
- 13 Stanley Street, Manchester, England, M8 8SH
- Postcode
- M8 8SH
- Capital
- 100 GBP
- Accounts category
- Total Exemption Full
- Charges
- 0 outstanding
Accounts
- Last made up to
- 2025-12-31
- Next due by
- 2027-09-30
- Financial year end
- 31 December
Confirmation statement
- Last statement dated
- 2026-08-05
- Next due by
- 2027-08-19
Nature of business (SIC)
- 46420 Wholesale of clothing and footwear
Officers 5 current · 2 resigned
Previous registered addresses 1
| Address | Changed on |
|---|---|
| 2ND FLOOR, PARKGATES BURY NEW ROAD, PRESTWICH, MANCHESTER, M25 0TL, UNITED KINGDOM | 2019-11-05 |
Among its peers
Among the biggest employers
of 301 similar companies in M, with 11 staff. Among the oldest 25% of its local peers.
Competitors Manchester
This company ranks 427 among wholesale of clothing and footwear in Manchester.
The class of 2015
29%
of the 611 companies in this sector incorporated in 2015 are still active today; 64% have since been dissolved.
A fact about the year, not a forecast for this company.