Direct Sales Limited
- Small
- Active
- 22 years
- 1 employee
- £7,078 (assets)
- Virtual address
- 1 director
- 1 owner
- Solo founder
Two conditions of three:
1.Turnover < £10.2 million
2.Balance sheet total < £5.1 million
3.Average number of employees < 50
Field of Operation
Website
Summary
Direct Sales Limited from Cheltenham, UK, is a small, active company founded 22 years ago in 2002. With just one employee and £7,078 in assets, it’s a solo founder operation led by a single director and owner, Froud Robert Charles. The business operates in the retail sale via mail order houses or via internet industries, and its registered address is a virtual one, shared by 167 other companies.
The company’s website, while not providing extensive details, suggests a focus on direct sales—likely through online channels. It’s difficult to determine the scale of its e-commerce operations without more information, but the focus on direct sales indicates a streamlined approach.
Financially, Direct Sales Limited presents a mixed picture. While the company’s small size (meeting two of three criteria for a small company) helps it remain agile, there are some concerning trends. Accumulated depreciation has increased by 52%, suggesting a need to invest in equipment. Cash bank on hand has fallen by 60%, and net current assets liabilities have risen dramatically by 1800%. The company’s equity has increased by a staggering 7000%, which is a very positive sign. However, creditors have decreased by 32%, which could indicate a need to manage debt more effectively. The company’s profit loss has remained steady at £3,900.
The lack of auditor information (likely exempt as a small company) means these figures are unaudited, so should be viewed with some caution. Overall, Direct Sales Limited appears to be navigating a challenging financial landscape, with a need to manage cash flow and potentially address rising liabilities.
Registered in England/Wales under the registration number 04561702, with a registered address at GL51 4UA, United Kingdom, Cheltenham, Gloucestershire, Northfield House Shurdington Road, Bentham.
WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Owners & PSC
-
Individual
- Froud Robert Charles
- 9 years
- 75%+
-
Resident of United Kingdom
Managers
-
Individual
- Froud Robert Charles
- 22 years
-
Resident of United Kingdom
Last reports
The latest confirmation statement submitted six months ago.
Last news
-
Confirmation statement made on 2024-10-14 with no updatesDownload 3 pages pdf report
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Total exemption full accounts made up to 2024-03-31Download 8 pages pdf report
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Second filing of Confirmation Statement dated 2016-10-14Download 5 pages pdf report
FAQ about Direct Sales Limited
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