Sbsi Limited
- Small
- Active
- 19 years
- 2 employees
- £767 (assets)
- Real address
- 2 directors
- 2 owners
- Family business
- E-commerce
Two conditions of three:
1.Turnover < £10.2 million
2.Balance sheet total < £5.1 million
3.Average number of employees < 50
Field of Operation
Website
Phones
Summary
SBSi Limited, based in Shrewsbury, UK, is a small, family-run business with an active status. Founded nineteen years ago in 2005, it employs just two people and holds £767 in assets. The company operates from a real address and is managed by two directors and two owners. It also runs an e-commerce site.
SBSi Limited’s website, Seating VFM, specializes in the online sale of office chairs and seating solutions. The site offers a wide range of products, from ergonomic chairs to break-out seating, catering to both home and business customers. The website boasts a comprehensive catalog, detailed product descriptions, and even a blog section offering advice on creating comfortable and acoustically sound workspaces. The site's design is clean and functional, reflecting a focus on practicality and customer service.
Financially, SBSi Limited presents a mixed picture. Current assets have drastically fallen – a staggering 95% drop to just £770. Bank cash has also plummeted by 76%, leaving only £450. Debtors have also suffered a dramatic decrease, falling 98% to just £320. However, creditors have also decreased significantly, falling 22% to £24,000, which could indicate improved debt management. The company’s small size (meeting two of three criteria for a small company) allows for agility, but the sharp decline in equity—now at -£23,000—raises concerns. The company is exempt from an audit as a small company, so the financial statements are unaudited.
Overall, SBSi Limited appears to be facing financial headwinds. While its online seating business seems active and well-stocked, the numbers suggest a need for careful management and potentially a re-evaluation of its business model.
Registered in England/Wales under the registration number 05454472, with a registered address at SY5 9QQ, United Kingdom, Shrewsbury, Appledore, Yockleton.
WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Owners & PSC
-
Individual
- Poulet Andrew Clive
- 3 years
- 3
- 25%+
-
Resident of United Kingdom
-
Individual
- Poulet Nicholas James
- 9 years
- 25%+
-
Resident of United Kingdom
Managers
-
Individual
- Poulet Andrew Clive
- 4 years
- 1
-
Resident of United Kingdom
-
Individual
- Poulet Nicholas James
- 19 years
-
Resident of United Kingdom
Last reports
The latest confirmation statement submitted five months ago.
Last news
-
Confirmation statement made on 2024-11-16 with no updatesDownload 3 pages pdf report
-
Registered office address changed from C/O C/O Elliot Accountants 3 Waterside Gardens Shrewsbury Shropshire SY3 9AG to Appledore Yockleton Shrewsbury SY5 9QQ on 2024-11-20Download 1 page pdf report
-
Total exemption full accounts made up to 2024-03-31Download 7 pages pdf report
FAQ about Sbsi Limited
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