Sam Books Ltd

Sam Books Ltd is a small, active company based in London, UK, founded two years ago in May 2022. It’s a solo venture led by a single director and owner, Uddin Muhammad Sameer. The company employs three people and operates from a real address shared by only three other businesses, suggesting a genuine location. Sam Books Ltd is a regular importer, primarily bringing in printed materials like books, newspapers, and pictures—a total of three months of import activity recorded, the latest in March 2024. Its website, Sam Read Bookseller Online Shop, indicates a focus on retail sales, with an online shop available.

The company's website highlights a retail operation selling books online. It's a small business, meeting two of the three criteria for classification: turnover under £10.2 million, balance sheet total under £5.1 million, and fewer than 50 employees. It operates in the retail sale of books in specialised stores industries.

Financially, Sam Books Ltd presents a mixed picture. Cash reserves remain steady at £110,000, but creditors have remained constant at £90,000. Equity and net assets liabilities are both at £23,000. The company’s accounts are described as “filleted” and unaudited, meaning they are simplified and haven’t undergone an external audit. It’s important to note that the accounts are prepared under FRS 102, a standard for small entities. While the company is not required to have an audit, the lack of external verification means the figures rely solely on director-reported data.

Overall, Sam Books Ltd appears to be a stable, albeit small, operation. The consistent cash balance is a positive sign, but the lack of significant growth in equity and the reliance on creditors suggest it’s not aggressively expanding. The company's focus on online retail and its niche market could provide a buffer against broader economic pressures, but careful management of its finances will be crucial for long-term sustainability.

Registered in England/Wales under the registration number 14120975, with a registered address at E14 8PX, England, London, 14/2b 10-16 Tiller Road Tiller Road.

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