S2l (uk) Ltd

S2l (UK) Ltd, based in Hull, UK, is a small, active company founded eight years ago in December 2016. It employs three people and holds £336,402 in assets, operating from a real address within the Centre for Digital Innovation. With three directors and two owners, the company is a regular importer of clothing and accessories—excluding knitted or crocheted items—with 27 months of import activity recorded, the latest in August 2024.

The company's website reveals a focus on garment manufacturing, acting as a UK office for a larger operation based in Bangladesh. S2L specializes in outerwear, workwear, and safety garments, catering to global brands and offering services like design development, sample production, and supply chain management. The website highlights convenience, confidence, and compliance, emphasizing direct engagement with the end manufacturer—a key selling point for UK and European buyers. They also boast a vision of being the first choice for workwear and safety wear sourcing.

Financially, S2l (UK) Ltd shows a mixed picture. Current assets decreased by 13% to £340,000, while net assets increased by 32% to £200,000. Cash bank on hand increased slightly, rising by 0.54% to £310,000. However, amounts owed to directors increased by 11% to £66,000, and corporation tax payable rose significantly by 56% to £14,000. Trade debtors decreased dramatically by 64%, suggesting improved collection rates or reduced credit sales. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for agility, but the increase in director’s amounts owed warrants a closer look. As a small company, it is exempt from an audit, so the figures are unaudited.

Registered in England/Wales under the registration number 10522743, with a registered address at HU1 1UU, England, Hull, Centre For Digital Innovation, C4di At The Dock, 31-38 Queen Street.

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