Sass And Wild Ltd

Sass And Wild Ltd from Salisbury UK: small company, active status, founded 3 years ago, 2 employees, £984 assets, virtual address, 2 directors, 2 owners. The company operates in the retail sale via mail order houses or via internet industries. Officially, it has two owners or PSCs, two directors, and two employees. It’s a small company as it met two conditions of three: turnover less than £10.2 million, balance sheet less than £5.1 million, employees less than 50. The last reported current assets is £984.

The business, Sass And Wild Ltd, appears to focus on online retail, though the specific products aren’s immediately clear. The address listed is a business centre, and with twenty-two other companies registered there, it’s likely a virtual address. The company’s small size and lean team—just two employees—suggest a nimble operation, focused on keeping costs low. The directors, Gough Wendy and Meiring Louise Elizabeth, also serve as the owners, indicating a tightly controlled business.

Financially, Sass And Wild Ltd’s recent performance paints a concerning picture. Current assets have plummeted by a staggering 11%, dropping to just £980. More worryingly, net assets have swung into negative territory, with a loss of £2,400. Bank cash has also seen a significant decrease, falling 83% to a mere £34. Creditors have surged by 200%, reaching £3,300, suggesting the company is relying more on borrowed funds. While debtors have completely vanished, which is good, it’s a bit odd. The company’s small size allows it to avoid an audit, but the lack of independent verification raises questions about the accuracy of these numbers.

Overall, Sass And Wild Ltd is facing financial headwinds. The sharp decline in assets and the negative equity suggest the company is burning through cash. While the small size offers some advantages, the current trajectory indicates a need for careful management and potentially a change in strategy. The reliance on borrowed funds is a red flag, and the lack of cash reserves leaves the company vulnerable to unexpected expenses.

Registered in England/Wales under the registration number 13576123, with a registered address at SP1 2LP, United Kingdom, Salisbury, Wiltshire, Unit 9 Barnack Business Centre, Blakey Road.

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