S89 Ltd

S89 Ltd from Southampton UK is a small, active company founded five years ago. It’s a solo venture, with one director, one owner (Wright Sarah), and a single employee. The company holds £4,404 in assets and operates from a virtual address, registered at Tagus House, 9 Ocean Way. It runs an e-commerce site and specializes in retail sales via mail order and the internet.

The website, Mara Services Ltd, showcases a vast catalog of catering, janitorial, and office supplies. It’s a comprehensive online store, offering everything from air fresheners and toilet tissue to vacuum cleaners and safety equipment. The site is well-organized, with clear categories and detailed product descriptions. It also offers a range of services, including electronic office supplies and planning presentation materials. The site has a login section, suggesting B2B sales, and a section for managing orders.

Financially, S89 Ltd's recent report shows a mixed picture. Cash bank on hand increased by 46% to £3,000, which is good news. However, net current assets and liabilities plummeted by 320% to -£730, which is concerning. Creditors increased by 15% to £5,100, and debtors jumped by a significant 210% to £1,400. Equity also took a hit, decreasing by 220% to -£740. The company’s small size (meeting two of three criteria for a small company) means it's exempt from an audit, and the report is unaudited.

While the e-commerce site appears to be running smoothly, the financial data suggests the company is burning through cash. The increase in debtors could be a sign of delayed payments, or perhaps an expansion of credit terms to boost sales. The decrease in equity is a worrying trend that may require attention.

Registered in England/Wales under the registration number 12558902, with a registered address at SO14 3TJ, United Kingdom, Southampton, Hampshire, Tagus House, 9 Ocean Way.

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