Isle Supply Ltd

Isle Supply Ltd, based in Sheerness, UK, is a small, active company founded six years ago. Employing just one person, the business holds £4,356 in assets and operates from a real address. It’s led by a single director and owner, who also serves as the solo founder, and enjoys a perfect 5.0 Google rating based on one review. The company specializes in retail sales through mail order and internet, alongside other engineering activities.

The company’s website, IslePac Ltd, focuses on jute bags, organza bags, and shopper bags, operating as a wholesale supplier. Currently, the site indicates a temporary closure "until further notice." This suggests a potential disruption to operations or a strategic pause.

Financially, Isle Supply Ltd presents a picture of a business facing challenges. Accumulated depreciation has decreased by 31%, which could indicate a shift in asset management. However, cash reserves have plummeted 75% to just £2,800, and net current assets and liabilities have swung from a positive £1,300 to a negative -£380. Creditors have also decreased significantly by 53%, which is a positive sign, but the sharp decline in equity—dropping 99%—is concerning. Although the company meets the criteria to be considered small, with turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees, the decrease in assets and cash reserves suggests it’s burning through money. The lack of an auditor mentioned, as is typical for small companies, means the figures are unaudited.

It seems the company is struggling to maintain its financial stability, despite a strong Google rating and a focused product line. The temporary website closure adds another layer of uncertainty, and it's unclear whether Isle Supply Ltd can recover its financial footing.

Registered in England/Wales under the registration number 11421973, with a registered address at ME12 2HL, United Kingdom, Sheerness, Kent, 54 Kings Road, Minster On Sea.

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