Covidsupplies Ltd

Covidsupplies Ltd is a small, active company based in Bradford, UK, founded four years ago in May 2020. Employing five people, it operates an e-commerce site selling agricultural machinery, equipment, and supplies, as well as retail goods via mail order and the internet. The company has £1,057,580 in assets and a real registered address, overseen by a single director. Despite its active status, Covidsupplies Ltd is overdue on both its accounts and confirmation statements for a year.

The company's website, Tiger Supplies, showcases a vast array of products, from PPE and workwear to site equipment and janitorial supplies. It caters to a wide range of industries, emphasizing competitive pricing and fast customer support. The site also features a blog offering advice on safety solutions, highlighting the company's expertise in the field.

Financially, Covidsupplies Ltd presents a mixed picture. While cash bank on hand has surged an impressive 1,100% to £610,000, trade debtors have ballooned by 2,000% to £440,000—a significant increase that could indicate challenges in collecting payments. Creditors have also risen sharply, increasing by 670% to £200,000. Net assets, however, have grown substantially, reaching £860,000, a 1,600% increase from the previous year. Despite these positive trends, the company’s net losses deepened, and the lack of employees (seven reported, up from five) could be a cause for concern. No auditor is mentioned, which is common for small companies. The company’s small size—meeting two of three criteria for a small company—helps it remain agile, but the increase in debtors and creditors suggests it’s burning through money quicker than it’s collecting it.

Registered in England/Wales under the registration number 12617080, with a registered address at BD9 5BE, England, Bradford, 428 Silk Warehouse Lilycroft Road.

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