Sbsi Limited
- Active
- Small
- 20 years
- Confirmation overdue 3 months
- 2 employees
- £7,018 (cur assets)
- 0-1m
- Real address
- 1 director
- 2 owners
- Shrewsbury
- E-commerce
Two conditions of three:
1.Turnover < £10.2 million
2.Balance sheet total < £5.1 million
3.Average number of employees < 50
The directors list was changed 4 months ago, a good sign to sell them something.
Field of Operation
Website
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.
Ports, countries, transport, and price/kg were calculated by CorpSignals; non-official data, may contain errors.
Owners & PSC
-
Individual
- 4 years
- 3
- 25%+
-
Resident of United Kingdom
-
Individual
- 9 years
- 25%+
-
Resident of United Kingdom
Managers
-
Individual
- 4 years
- 1
-
Resident of United Kingdom
Last reports
The latest confirmation statement submitted one year ago.
Last news
-
First Gazette notice for voluntary strike-offDownload 1 page pdf report
-
Application to strike the company off the registerDownload 1 page pdf report
-
Termination of appointment of Nicholas James Poulet as a director on 2025-11-01Download 1 page pdf report
FAQ about Sbsi Limited
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