Savers+ Ltd

Savers+ Ltd is a small, active company based in Leicester, UK, founded six years ago in 2018. It’s a solo-founded operation with one director and owner, Tejani Irfan, and employs just one person. The company holds £25,885 in assets and operates a real address at 172 Ethel Road. Savers+ Ltd runs an e-commerce site and is an irregular importer, with its last import activity recorded one month ago in July 2023, though the top import category is listed as 'None'. The company operates in the other retail sale in non-specialised stores industries.

The company’s website, though unavailable for review, likely reflects its retail focus. Given the description, it’s probable the e-commerce site sells a variety of goods, catering to consumer needs. The irregular import activity suggests a flexible sourcing strategy, perhaps responding to market trends or specific customer requests.

Financially, Savers+ Ltd presents a mixed picture. Creditors decreased by 8.9% to £23,000, indicating better debt management. Cash bank on hand increased by 57% to £4,400, which is a positive sign. However, net assets liabilities increased by 39% to £2,900, and other inventories decreased by 12% to £22,000. While the company meets two of three conditions to be classified as a small company, the fluctuations in inventory and net assets liabilities suggest some financial pressure. The lack of an auditor mentioned (likely exempt as a small company) means the figures are unaudited.

Overall, Savers+ Ltd appears to be a small, entrepreneurial venture navigating the challenges of e-commerce. While the financial data doesn't reveal any major red flags, the company will need to maintain a close eye on its inventory and cash flow to ensure long-term sustainability.

Registered in England/Wales under the registration number 11692694, with a registered address at LE5 4WE, United Kingdom, Leicester, 172 Ethel Road.

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