Online Supplies Uk Ltd
- Small
- Active
- 7 years
- 4 employees
- £166,703 (assets)
- Real address
- 1 director
- 1 owner
- Regular importer
- Rating 1.0 (1)
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
Phones
Summary
Online Supplies UK Ltd, based in Glasgow, UK, is a small, active company founded seven years ago. With four employees and £166,703 in assets, it operates from a real address and is managed by a single director and owner. The company holds a Google rating of 1.0 based on one review. It’s a regular importer, specializing in wood and wood products, with recent activity recorded in January 2025.
The company’s website showcases a wide range of picture frames—modern, flat, thin, classic, traditional, and multi-aperture—catering to various styles and needs. It’s clearly an e-commerce business, offering a selection of frames in different sizes and finishes, alongside related accessories. The site emphasizes fast shipping, easy returns, and secure payment options, standard features for online retailers.
Financially, Online Supplies UK Ltd presents a mixed picture. Cash bank on hand has increased significantly by 170%, reaching £56,000, while current assets have also risen by 51% to £170,000. However, creditors have surged by 91%, reaching £210,000, and net assets have declined by 47%, resulting in a net asset liability of -£46,000. Trade debtors have also increased substantially, by 580%, to £9,100. The company's small size (meeting two of three conditions for a small company) allows for flexibility, but the increase in debt suggests it may be relying on borrowing to fund operations. No auditor is mentioned, which is common for small, exempt companies.
The company’s growth in assets and cash is encouraging, but the substantial rise in creditors and the negative equity raise concerns. It appears Online Supplies UK Ltd is expanding its business, but it’s important to monitor its debt levels to ensure long-term financial stability.
Registered in Scotland under the registration number SC572541, with a registered address at G14 0BX, Scotland, Glasgow, 739 South Street, Barclay Curle House.
WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Owners & PSC
-
Individual
- Bashir Basharat
- 7 years
- 2
- 75%+
-
Resident of United Kingdom
Managers
-
Individual
- Bashir Basharat
- 7 years
- 1
-
Resident of United Kingdom
Last reports
The latest confirmation statement submitted eight months ago.
Last news
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Total exemption full accounts made up to 2023-12-31Download 7 pages pdf report
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Confirmation statement made on 2024-07-26 with no updatesDownload 3 pages pdf report
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Amended micro company accounts made up to 2022-12-31Download 3 pages pdf report
Importer profile by HS codes
Last imported products
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FAQ about Online Supplies Uk Ltd
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