Ready Set Retail Ltd
- Small
- Active
- 2 years
- 1 employee
- £18,242 (assets)
- Real address
- 2 directors
- 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
Ready Set Retail Ltd is a small, active company based in Derby, UK, founded two years ago. With a single employee and £18,242 in assets, it's a solo founder operation led by two directors and one owner, Warren Samuel Jack. The company operates in the retail sale via mail order houses or via internet industries.
The company’s website, readysetltd.com, reveals a much larger, more diverse operation than its UK presence suggests. Headquartered in Bangladesh, Ready Set Retail Ltd is a dynamic enterprise specializing in import/export, retail, hospitality, and fashion. It boasts several subsidiary brands, including FYNRA (womens fashion), SOVIUM (tech and ecommerce), and Craftopia by Nabila (handcrafted goods). The website emphasizes innovation, quality, and customer satisfaction, aiming to create seamless experiences and drive sustainable growth. The company’s mission includes expanding into new ventures, delivering world-class products and services, and embracing digital transformation.
Financially, Ready Set Retail Ltd shows a very small scale of operations. Current assets are reported at £18,000, while net assets are a mere £87. Bank borrowings are non-existent, and cash reserves are a modest £560. Trade debtors are £5,700, and creditors are £22,000. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it stay agile, but the low net assets suggest a tight budget. Depreciation on its equipment, including computer equipment, furniture, and motor cars, is minimal. With no auditor mentioned (likely exempt as a small company), the unaudited figures rely on director-reported data.
While the Bangladeshi operations appear ambitious and well-diversified, the UK arm is clearly a smaller, supporting entity. The company’s focus on retail via mail order and internet sales, combined with its limited financial resources, suggests it’s navigating a competitive market. It’s possible the UK operation serves as a distribution hub or a testing ground for new products, but its long-term viability will depend on its ability to leverage the resources and expertise of its larger Bangladeshi parent company.
Registered in England/Wales under the registration number 14549419, with a registered address at DE1 2GT, United Kingdom, Derby, Derbyshire, 2, Marlborough House, Charnwood Street.
WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Owners & PSC
-
Individual
- Warren Samuel Jack
- 2 years
- 2
- 75%+
-
Resident of United Kingdom
Managers
-
Individual
- Sankey Warren Hannah Caitlin
- 1 year
-
Resident of United Kingdom
-
Individual
- Warren Samuel Jack
- 2 years
- 2
-
Resident of United Kingdom
Last reports
The latest confirmation statement submitted four months ago.
Last news
-
Confirmation statement made on 2024-11-26 with updatesDownload 4 pages pdf report
-
Unaudited abridged accounts made up to 2023-12-31Download 9 pages pdf report
-
Appointment of Mrs Hannah Caitlin Sankey Warren as a director on 2024-04-01Download 2 pages pdf report
FAQ about Ready Set Retail Ltd
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