Saneshoppe Ltd

Saneshoppe Ltd, based in Watford, UK, is a small, active company founded ten years ago in 2015. Employing just two people, the business holds £276,124 in assets and operates from a real address, managed by two directors and owners. It runs an e-commerce site specializing in men's and women's loungewear, including pyjama sets, robes, and underwear. The company is an irregular importer of clothing and accessories, not knitted or crocheted, with its last import operation occurring one month ago in October 2021.

The website, SaneShoppe, showcases a wide selection of luxurious men's pyjama sets and loungewear, emphasizing comfort and style. It also offers a wholesale section for retailers. The site's design is clean and modern, with high-quality product images and detailed descriptions. It seems to be a well-established online store, with a focus on quality and customer service.

Financially, Saneshoppe Ltd presents a mixed picture. Cash reserves have drastically decreased by 87%, leaving only £910. Bank borrowings have also decreased by 28%, to £93,000. However, trade debtors have increased dramatically, by 1900%, to £22,000. Creditors have also increased, by 57%, to £220,000. The company’s small size—meeting two of three conditions for being classified as small—helps it remain flexible, but the sharp decline in cash and the rise in debt are concerning. The company’s retained earnings and accumulated losses have also declined significantly, by 64%, to -£78,000. No auditor is mentioned, which is common for small companies. The directors, Thomas Sheeba and Varghese Thomas, are listed, but there’s a sum of £211,507 owed to the director, which bears no interest. It’s likely the company is facing some financial pressures, but its online presence and focus on a niche market could help it weather the storm.

Registered in England/Wales under the registration number 09555653, with a registered address at WD18 9SB, England, Watford, 3, First Floor, 31 The Metro Centre, Dwight Road.

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