Ready Steady Store Limited

Ready Steady Store Ltd from London UK is a small, active company founded nineteen years ago in 2005. Employing twenty-two people, it holds assets totaling £6,511,731. The company has five directors, but surprisingly, no owners are reported – a possible sign of complex ownership structure. It operates from a real address and imports basic metal tools and utensils regularly, with the last import occurring six months ago. It also exports toys, games, and sports equipment irregularly, with the last export dating back a year.

The company's website showcases a network of self-storage units across the UK, catering to both personal and business needs. It offers a range of unit sizes, packing materials, and even van hire services, emphasizing convenience and accessibility. The website’s design is modern and user-friendly, with a strong focus on customer service and a helpful blog offering storage tips. It seems like they’re really trying to make self-storage easy.

Financially, Ready Steady Store Ltd is showing some concerning trends. While current assets remain steady at £6,500,000, net assets have fallen significantly, dropping 70% to -£830,000. This is a big change. Bank borrowings have also increased, and cash reserves have shrunk by 33% to £2,100,000. Creditors have increased as well, suggesting a need to manage debt more effectively. 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 keep costs down, but the decline in equity is a worry. The accounts are unaudited, and no auditor is mentioned, which is common for small companies.

The company’s employee numbers have also decreased by 14% to nineteen people, which could be a result of restructuring or cost-cutting measures. Overall, Ready Steady Store Ltd appears to be facing financial pressures despite its active business and wide-reaching network of storage facilities. It's a bit of a mixed picture, and it will be interesting to see how they navigate these challenges in the coming year.

Registered in England/Wales under the registration number 05631335, with a registered address at W1U 1LN, England, London, 3rd Floor 37 Duke Street.

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