Sbs Mobile Uk Limited

SBS Mobile UK Limited is a small, active company based in Luton, UK, with a history stretching back 33 years. Founded in May 1991, the firm employs nine people and holds £730,122 in assets. It operates from a virtual address—registered at 960 Capability Green, where eighty other companies are also registered—and is run by three directors and two owners. The company is a family business.

SBS Mobile UK Limited specializes in the wholesale of computers, computer peripheral equipment and software, and electronic and telecommunications equipment and parts. It's a regular importer of electrical machinery and equipment, with 197 months of import activity recorded, and has also engaged in exporting these goods for 15 months. The company’s website is currently unavailable, so it’s difficult to ascertain if it operates an e-commerce platform or focuses solely on wholesale activities.

Financially, SBS Mobile UK Limited presents a mixed picture. While current assets increased by 13% to £730,000, equity decreased significantly by 86% to -£140,000. Bank borrowings have decreased by 100%, and cash reserves have increased by 170% to £210,000. Creditors have decreased by 57%, suggesting improved debt management. The company meets two of the three conditions to be considered small—turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. The directors list was changed two months ago, and the owners list was changed four months ago, which could be a good sign. The company’s accounts are audited, and the auditor is Rayner Essex LLP. The company’s financial statements are prepared in accordance with FRS 102. The company has elected not to include a copy of the profit and loss account within the financial statements.

Overall, SBS Mobile UK Limited seems to be navigating a challenging financial landscape, with a significant decline in equity offset by improvements in cash flow and creditor management. It's likely that the company is working to improve its profitability and build a stronger financial foundation.

Registered in England/Wales under the registration number 02610309, with a registered address at LU1 3PE, England, Luton, 960 Capability Green.

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