Direct Supply Solutions Ltd

Direct Supply Solutions Ltd from Nottingham UK: small company, active status, founded 1 year ago, £9,897 assets, virtual address, 2 directors, 8 owners, solo founder. This fledgling business operates in the retail sale via mail order houses or via internet industries. Officially, it has two owners or PSCs, two directors, and no number of employees published. The company was incorporated one year ago on May 30, 2023, and registered at NG13 8BQ, England, Nottingham, 1 Fisher Lane, Bingham. The address is probably virtual as 149 companies registered at the same address.

The company's website, while not providing detailed information, suggests a focus on online retail. It's difficult to say definitively if it's a full-blown e-commerce platform or simply a landing page with contact information. The lack of a visible online store makes it hard to assess its current sales activity.

Financially, Direct Supply Solutions Ltd presents a mixed picture. The company’s net assets liabilities are -£6,800, indicating a negative equity position. Cash reserves are a modest £2,800, and trade debtors are £7,100, suggesting a reliance on customer payments. Creditors are £17,000, and bank borrowings are £2,800. It's a small company as it met two conditions of three: turnover less than £10.2 million, balance sheet less than £5.1 million, employees less than 50. With no auditor mentioned, the figures rely on unaudited statements. The company's negative equity position and low cash reserves suggest it's burning through money, a common trait of startups. It's possible that the company is still in its early stages of development, and these financial challenges are temporary. The fact that the company is solo founded could also be a factor, as it may lack the resources and expertise to scale up quickly.

Registered in England/Wales under the registration number 14903821, with a registered address at NG13 8BQ, England, Nottingham, 1 Fisher Lane, Bingham.

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