Samaritan's Way Ltd

Samaritan’s Way Ltd is a small, active company registered in England/Wales with the registration number 14156343. The company was founded two years ago on June 07, 2022, and registered at EX12 2RL, England, Seaton, 2 The Close, The Close. The address is probably real as only one company registered at the same address. Its status is active. The company operates in the retail sale via mail order houses or via internet, the other human health activities, the other activities of employment placement agencies industries. Officially, it has two owners or PSCs, two directors and no number of employees published.

It’s a small company as it met two conditions of three: turnover less than £10.2 million, balance sheet less than £5.1 million, employees less than 50. The last reported current assets is £51.

Financially, Samaritan’s Way Ltd presents a picture of a company struggling to gain traction. While assets remain at a modest £11,098, net assets have plunged dramatically, falling 120% to a negative £4,200. This suggests accumulated losses are outweighing any equity. Bank borrowings have also increased significantly, rising 120% to £4,200, indicating a reliance on external financing. Cash reserves are extremely low, sitting at just £51, a decrease of 630% from the previous year. Creditors have also risen, increasing 120% to £4,200. The lack of employees (zero reported) suggests a very lean operation, but the reliance on debt and the negative equity are concerning. There was no auditor mentioned, which is likely due to the company being exempt as a small entity.

The company’s website, while not directly linked to the financial reports, suggests a focus on online sales and potentially a broader range of services, including human health activities and employment placement. It’s clear that while the company is active, it's facing financial challenges and will need to find ways to improve its profitability to ensure long-term sustainability.

Registered in England/Wales under the registration number 14156343, with a registered address at EX12 2RL, England, Seaton, 2 The Close, The Close.

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