Sash Time Limited

Sash Time Ltd from Glasgow UK: a small, active company founded 15 years ago, employs 18 people, and holds £3,323,371 in assets. It has a real address, is overseen by one director and owner, and maintains a 3.0 Google rating from 57 reviews. The company regularly imports furniture, lighting, and prefabricated buildings, with 112 months of import activity recorded.

The business operates in the retail sale via mail order houses or via internet industries. Its website showcases a wide range of products, from electronics and cars to fashion and collectibles, suggesting a broad e-commerce focus. The site features trending items like Puma trainers, Montblanc Explorer fragrances, and refurbished Ninja appliances, alongside seasonal deals and a focus on free postage. It’s clear the company is trying to capture a diverse customer base and leverage the appeal of both new and refurbished goods.

Financially, Sash Time Ltd’s recent performance presents a mixed picture. Current assets have decreased significantly by 61%, falling to £3,300,000, while net assets have also declined by 4.6% to £300,000. Bank borrowings have seen a dramatic surge, increasing by 33% to £22,000, and cash reserves have plummeted by 95%, leaving just £11,000. Trade debtors have also fallen by 61%, indicating a potential issue with collecting payments. Despite these challenges, creditors have decreased by 33%, suggesting improved debt management. 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 agility, but the substantial drop in cash reserves is a cause for concern. As a small company, it’s exempt from an audit, so the figures are unaudited.

The sharp decline in cash reserves and the increase in bank borrowings suggest that Sash Time Ltd may be burning through money faster than it’s generating revenue. While the company's broad product range and active import operations indicate ongoing business activity, the financial data raise questions about its long-term sustainability.

Registered in Scotland under the registration number SC359218, with a registered address at G52 4JR, Scotland, Glasgow, Block B1 Lothian Street, Hillington Park Industrial Estate.

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