{"name":"MULTIBRANDS INTERNATIONAL LIMITED","company_number":"03680871","status":"Active","type":"Private Limited Company","incorporated":"1998-12-09","dissolved":null,"registered_office":"Unit A, 82 James Carter Road, Mildenhall, England, IP28 7DE","postcode":"IP28 7DE","sic_codes":[{"code":46900,"description":"Non-specialised wholesale trade"},{"code":62020,"description":"Information technology consultancy activities"},{"code":73110,"description":"Advertising agencies"},{"code":78109,"description":"Other activities of employment placement agencies"}],"principal_activity":null,"previous_names":[],"warnings":[],"accounts":{"category":"Total Exemption Full","year_end":"31 December","last_made_up_to":"2024-12-31","next_due":"2026-12-31"},"employees":{"count":15,"accounts_date":"2024-12-31"},"financials":[{"financial_date":"2024-12-31","net_assets":2275648,"cash":21673,"average_employees":15},{"financial_date":"2023-12-31","net_assets":2393148,"cash":489044,"average_employees":28},{"financial_date":"2022-12-31","net_assets":2519213,"cash":816164},{"financial_date":"2021-12-31","net_assets":3821883,"cash":2624513},{"financial_date":"2020-12-31","net_assets":3121524,"cash":1304460}],"officers":{"current":1,"resigned":9,"complete":true,"note":"Names and details of individual officers are on the People page (subscriber-only on this site) and free at Companies House."},"charges":{"total":2,"outstanding":1},"gazette_notices":[{"date":"2023-04-19","kind":"insolvency"},{"date":"2023-03-10","kind":"insolvency"}],"insolvency_outcome":{"active_today":true,"filings":[]},"ai_summary":"Multibrands International Limited presents a concerning financial profile characterised by a 99% decline in cash reserves over three years, below-sector profitability of approximately 1.4% return on equity, and a formal going concern uncertainty qualification. While the company retains a £4.7M asset base and 26 years of trading history, the combination of over-distribution (£150k dividends against £32.5k profit), surging current liabilities, and an expanding debtor book suggests the business is consuming capital rather than generating it. The strategic pivot towards personal electronic transport devices represents a high-risk diversification at a time when the core wholesale operation appears financially stressed, and the recent resignations of both directors add governance uncertainty to an already precarious position.","website":"https://multibrands.co.uk","links":{"page":"https://www.companiesintheuk.co.uk/ltd/multibrands-international","people":"https://www.companiesintheuk.co.uk/company/multibrands-international/people","filing_history":"https://www.companiesintheuk.co.uk/company/multibrands-international/filing-history","companies_house":"https://find-and-update.company-information.service.gov.uk/company/03680871","financials":"https://www.companiesintheuk.co.uk/company/multibrands-international/financial","gazette":"https://www.companiesintheuk.co.uk/company/multibrands-international/gazette","control":"https://www.companiesintheuk.co.uk/company/multibrands-international/control","charges":"https://www.companiesintheuk.co.uk/company/multibrands-international/charges","ai_analysis":"https://www.companiesintheuk.co.uk/company/multibrands-international/analysis"},"source":"CompaniesInTheUK, from Companies House, The Gazette and other public registers (see /support/about). Cite as: CompaniesInTheUK, https://www.companiesintheuk.co.uk/ltd/multibrands-international"}