Saplingessentialservices Ltd.

Saplingessentialservices Ltd from Bolton UK: small company, active status, founded 6 years ago, 2 employees, £196 assets, virtual address, 3 directors, 2 owners, google rating 5.0 based on 1 reviews. It’s a small, active company registered in England/Wales with a real address in Bolton, UK, and has been operating for six years. With just two employees and a modest £196 in assets, it’s a lean operation managed by three directors and two owners. A perfect 5.0 Google rating from a single review suggests strong customer satisfaction, but the virtual address, shared by 138 other companies, is something to note.

The company’s activities are diverse, encompassing retail sales via mail order and internet, telecommunications, computer facilities management, and even undifferentiated goods-producing activities. It seems to be a general store with a wide range of services. While the website is not provided, the company’s description suggests a focus on online retail and potentially some IT services.

Financially, Saplingessentialservices Ltd presents a mixed picture. Current assets have seen a dramatic increase, jumping 2,700% to £200, while bank borrowings have risen 24% to £25,000. Equity, however, has declined by 20% to -£24,000. Creditors have also increased by 21%, and cash on hand has risen slightly to £9. The company meets the criteria for a small company, with turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. The lack of an auditor, typical for small companies, means the figures are unaudited.

Overall, Saplingessentialservices Ltd appears to be navigating a challenging financial landscape. The increase in current assets is positive, but the declining equity and rising debt suggest the company is burning through cash. It’s possible that the company is investing in growth, but it’s also possible that it’s struggling to maintain profitability. The virtual address, while not inherently negative, is something to keep an eye on, as it could indicate a lack of physical presence or a shared office space.

Registered in England/Wales under the registration number 11448145, with a registered address at BL1 8SW, United Kingdom, Bolton, Ground Floor, Nautica House, Waters Meeting Road.

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