Consumable Supplies Ltd

Consumable Supplies Ltd from London UK: a small, active company founded six years ago, holds £70,227 in assets, and operates from a real address. It’s a family business with three directors and two owners, and regularly imports plastics and plastic products—the last import was three months ago in June 2021. The company is a small one, meeting two of three conditions: turnover under £10.2 million, balance sheet total under £5.1 million, and fewer than 50 employees.

The company’s website, Evaness Bin Liner Supplier, showcases a focus on recycled and biodegradable bin liners. It operates as an e-commerce business, selling products like recycled bin bags and biodegradable options, and even offers wheelie bin stickers. The site’s design is clean and simple, with a focus on product listings and easy navigation. It also has an affiliate area, suggesting partnerships with other businesses.

Financially, Consumable Supplies Ltd shows some concerning trends. Accumulated depreciation has increased by 120%, indicating investment in plant and machinery, but bank borrowings have also risen slightly. Cash reserves, however, have doubled to £56,000—a positive sign. Creditors have increased, and trade debtors have fallen, suggesting some difficulties in collecting payments. The company’s equity has improved significantly, rising from a negative £21,000 to a positive £63,000. The company’s small size and exemption from an audit means the figures are unaudited.

While the company has improved its equity, the increase in creditors and the decrease in debtors suggest it might be burning through cash to keep the business running. The increase in depreciation also implies investment, but it’s unclear if this is sustainable. It's a small business, and these fluctuations are common, but careful management will be needed to ensure long-term stability.

Registered in England/Wales under the registration number 11514758, with a registered address at N20 0UD, England, London, 46 Pollard Road.

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