S&s Traders Ltd

Sands Traders Ltd from Morden UK is a small, active company founded 8 years ago. It employs just two people and holds £5,144 in assets, operating from a virtual address. The company is led by two directors and owned by one person, who is also the solo founder, and has a Google rating of 3.0 based on 20 reviews.

The business operates in the retail sale via mail order houses or via internet, the other retail sale not in stores, stalls or markets, and the other service activities n.e.c. industries. Its website, assistantsstrading.bg, showcases a wide range of beauty and fragrance products, including brands like Alberto Taccini, Christian Laurent, and Pierre Cardin. The site appears to be primarily targeted at a Bulgarian audience, offering products in Bulgarian and English. It's clearly an e-commerce operation, with a focus on selling beauty and fragrance items online.

Financially, Sands Traders Ltd is showing some concerning trends. While current assets increased slightly to £5,100, net assets plummeted 120% to -£26,000, indicating a significant loss of equity. Bank borrowings decreased by 28% to £12,000, which is good, but cash reserves also fell by 93% to just £1,300. Creditors increased dramatically by 240,000% to £19,000, suggesting a reliance on trade credit. The company's small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for flexibility, but the substantial losses and dwindling cash raise questions about its long-term viability. As a small company, it's exempt from an audit, so the figures are unaudited.

It seems Sands Traders Ltd is burning through money. While the online store is active and offers a diverse product range, the financial data suggests it's struggling to achieve profitability. Whether it can turn things around or if it's a startup facing typical early-stage challenges remains to be seen.

Registered in England/Wales under the registration number 10187257, with a registered address at SM4 6RW, England, Morden, Marshall House, Suite 21/25 124 Middleton Road.

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