Angel Shop Ltd

Angel Shop Ltd is a small, active company based in Salford, UK, founded nine years ago in 2015. With a real address and just three employees, the company holds £478,638 in assets and is led by a single director and owner, Singh Narinder. It operates an e-commerce site and is an irregular importer of glass and glassware, with just one month of import activity recorded as of August 2020. The company operates in the other retail sale in non-specialised stores industries.

Angel Shop Ltd’s website is not available for review, so it is impossible to determine the specifics of its online presence or product offerings.

Financially, Angel Shop Ltd presents a mixed picture. Cash reserves have significantly increased, jumping 170% to £300,000, while bank borrowings have decreased by 21% to £37,000. Creditors have also decreased by 21% to £37,000. However, the company's trade debtors have increased by 36% to £160,000. The company's net assets have risen by 50% to £120,000. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows it to remain agile. The company’s unaudited figures rely on director-reported data.

The company’s increased cash reserves are a positive sign, suggesting improved sales or cost management. However, the rise in trade debtors could indicate challenges in collecting payments from customers. The company’s equity has increased by 50%, which is good news.

Registered in England/Wales under the registration number 09728595, with a registered address at M7 1SL, England, Salford, 15 Overbridge Road.

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