London Safety Supplies Ltd

London Safety Supplies Ltd, from London UK, is a small, active company founded four years ago in 2020. It operates as a virtual address with one director, one owner (solo founder), and runs an e-commerce site. The company boasts a solid 4.0 Google rating based on 182 reviews. 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, and fewer than 50 employees.

The company’s website, London Safety Supplies, positions itself as a specialist in PPE and site supplies. From high-visibility workwear to fire extinguishers, ladders, and safety signage, it caters to commercial and industrial customers. The site emphasizes competitive pricing, a 30-day return policy, and fast customer support—hallmarks of a modern e-commerce business. The site also highlights a UK-made range and environmentally responsible products, appealing to conscious buyers.

Financially, London Safety Supplies Ltd presents a mixed picture. Current assets dropped by 24% to £340,000, while net assets plummeted 73% to just £16,000—a significant decline. Bank borrowings surged by 2,400%, reaching £29,000, and cash reserves fell 30% to £28,000. On the upside, creditors decreased by 18%, suggesting better debt management. The lack of employees (zero reported) hints at a lean, possibly solo operation. With no auditor mentioned (likely exempt as a small company), the figures rely on unaudited statements.

The company’s financial data reveals a concerning trend. While the e-commerce side appears active and well-reviewed, the financials reveal strain. Losses deepened from -£10,000 to -£23,000, and cash reserves are low. Whether this is typical startup turbulence or a longer-term challenge remains to be seen—but for now, London Safety Supplies Ltd is betting on its niche market and customer satisfaction to turn the tide.

Registered in England/Wales under the registration number 12602991, with a registered address at EC1V 3QJ, England, London, 12 Helmet Row.

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