Sandringham Trading Ltd

Sandringham Trading Ltd from Blackburn UK: a small, active company founded three years ago, currently has accounts overdue by four months. With just two employees and £79,994 in assets, it operates from a virtual address shared by forty-five other companies, a fact that raises some questions. Two directors and two owners manage the business, which irregularly imports furniture, lighting, and prefabricated buildings – just one month’s worth of imports recorded back in November 2021.

The company’s website, Sandringham Carpets, showcases a range of carpets, rugs, and accessories, operating primarily as an online retailer. It offers a wide selection of flooring options, from loop pile to sisal, and even provides bespoke rug services. A gallery section highlights the company’s work, and a blog provides resources for interior design enthusiasts. The website gives the impression of a well-established business, with a focus on quality and customer service.

Financially, Sandringham Trading Ltd’s picture is a little mixed. Current assets have jumped significantly, up 80,000% to £80,000, while cash reserves have increased to £3,300. However, creditors have also risen sharply, reaching £100,000, and equity is in negative territory at -£23,000. The company's small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) means it’s likely exempt from a full audit, so the figures are unaudited. The surge in creditors suggests the company may be relying on credit to keep operations running, and the negative equity is concerning. It’s possible that the company is experiencing a period of rapid growth, but it needs to manage its finances carefully to avoid burning through cash.

Registered in England/Wales under the registration number 13523771, with a registered address at BB1 6AY, England, Blackburn, Mentor House, Ainsworth Street.

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