Saturnalia Trading Ltd

Saturnalia Trading Ltd, based in Fareham, UK, is a small, active company founded five years ago. With a single employee and £115,649 in assets, it operates from a virtual address, managed by one director and owner—the solo founder. The company regularly exports electrical machinery and equipment, with four months of export activity recorded as of October 2024.

The company’s website, salessaturnaliauk.com, requires Adobe Flash Player 9 to view, indicating an older, potentially outdated online presence. A non-Flash version is available at salessaturnaliauk.com. This suggests a lack of investment in modern web technologies.

Financially, Saturnalia Trading Ltd presents a mixed picture. While net assets increased by 150% to £8,800, current assets decreased by 8.8% to £120,000. Creditors decreased significantly by 94%, which is a positive sign, but trade debtors vanished completely. Cash bank on hand grew by a modest 4.8% to £4,100. The company’s size—meeting two of three criteria for a small company—allows for agility, but the substantial decrease in equity is concerning. The company’s accounts are unaudited, and no auditor is mentioned.

The company’s retail sale via mail order houses or via internet industries suggests a focus on direct-to-consumer sales. The decrease in equity and increase in bank borrowings by 50% to £47,000, however, indicate that the company may be burning through money, despite the decrease in creditors. The lack of employees and reliance on a virtual address also raise questions about its long-term sustainability.

Registered in England/Wales under the registration number 12343818, with a registered address at PO16 0EN, England, Fareham, Hampshire, 203 West Street.

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