S&k Homeware Limited

Sandk Homeware Ltd from Birmingham UK: a small, active company founded four years ago, holds £30,513 in assets, and operates from a real address. Run by a single director and owner – a solo founder – it’s an e-commerce business selling furniture. The company operates in the retail sale via mail order houses or via internet industries.

The website, SK Home Furniture Ltd, is clearly the main trading platform. It’s an online furniture retailer with a taste for good service and value, operating from two main websites. They also have a number of support sites and domains. They’re always on the lookout for good content writers and freelance developers with ecommerce experience. The site has evolved from selling cheap furniture to offering great value and service, and they’re proud to offer a one-stop shop for all things home, backed by a great service and free UK Mainland delivery. They even offer a comprehensive range of home accessories.

Financially, Sandk Homeware Ltd shows some interesting trends. Cash bank on hand increased by a significant 110%, rising to £5,400, while creditors decreased by 33%, suggesting improved debt management. However, net assets still only sit at £2,800. Trade debtors have increased substantially by 220%, which could indicate a reliance on customer payments or a shift in credit terms. The company meets the criteria for a small business, with turnover under £10.2m, assets under £5.1m, and fewer than 50 employees. No auditor is mentioned, which is common for small companies. The accounts are filleted, and unaudited.

It seems like Sandk Homeware Ltd is holding its own, but the increase in trade debtors could be something to watch. The company’s focus on value and service, combined with its online presence, should help it navigate the competitive furniture market, though.

Registered in England/Wales under the registration number 12790448, with a registered address at B20 2QQ, England, Birmingham, Unit 13 Manthar Estate Wellington Road, Handsworth.

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