Sbm Brothers Ltd

Sbm Brothers Ltd from Mitcham UK: small company, active status, founded 2 years ago, confirmation overdue 2 months, virtual address, 1 director, 1 owner, solo founder. This company, operating from a virtual address shared by fifteen other businesses, is a small entity meeting two of three conditions for classification: turnover under £10.2 million, balance sheet total under £5.1 million, and fewer than 50 employees. It’s been active since its incorporation on January 20, 2023, but its confirmation statement is currently overdue by two months. The business is led by a single director and owner, Ahmed Sultan, who also serves as the sole founder.

Sbm Brothers Ltd focuses on retail sales via mail order houses or via internet. While a website isn’s available to analyze, this suggests an e-commerce operation, likely selling products directly to consumers. It’s probable the company has a simple online store, focusing on a specific niche or range of products.

Financially, Sbm Brothers Ltd presents a mixed picture. While it holds £41 in net assets, this is a slight decrease from the previous year. Cash reserves are minimal at just £160, and bank borrowings are £120. Creditors are also £120, suggesting a reliance on short-term financing. The company’s small size and lean structure—with zero employees reported—contribute to its low overhead, but the negative equity and limited cash flow raise concerns. The accounts are described as "filleted," meaning they are simplified and exempt from a full audit, which is standard for small companies. There’s no mention of an auditor, further reinforcing this status. It's worth noting that the accounts were prepared using Taxfiler software.

Overall, Sbm Brothers Ltd seems to be navigating early-stage challenges. The company's small size and focus on online retail offer agility, but the negative equity and limited cash flow suggest it’s operating close to the edge. It’s likely the company is trying to grow its customer base and improve its financial stability, but it faces the common hurdles of a new business.

Registered in England/Wales under the registration number 14607074, with a registered address at CR4 3FH, England, Mitcham, Surrey, Suite 25 95 Miles Road.

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