Sc Online Ltd

Sc Online Ltd from Shildon UK is a small company with an active status, founded six years ago in 2018. It employs two people and holds £60,709 in assets, operating from a real address in Darlington Road. The company has two directors and two owners, and regularly imports clothing and accessories, not knitted or crocheted, with five months of import activity recorded.

The company operates in the other retail sale not in stores, stalls or markets industries. It's a small company as it met two conditions of three: turnover less than £10.2 million, balance sheet less than £5.1 million, and employees less than 50. The company's website, scfurniture.co.uk, showcases a wide range of furniture, including sofas, beds, dining sets, and bedroom furniture, available for online purchase or in-store at their Kidderminster location. It appears to be a thriving e-commerce business, offering delivery throughout mainland UK and even providing financing options. The site also features a "Bedtime Comforts Ltd" section, indicating a separate business specializing in bed linen and related products, handmade at their Kidderminster factory.

Financially, Sc Online Ltd shows some concerning trends. Cash bank on hand dropped significantly by 79% to just £4,400, while current assets decreased by 12% to £61,000. Directors’ loans increased, with one director receiving £14,000 and another receiving £18,000, although they did repay some of these loans. Trade debtors also increased by 17%, suggesting a potential issue with customer payments. The company’s small size helps it remain agile, but the decline in cash and increase in debt warrants close monitoring. As a small company, it's exempt from an audit, so the figures are unaudited.

Overall, Sc Online Ltd seems to be a well-established furniture retailer, but the recent financial data suggests it’s facing some financial pressure, and it's important to watch these trends closely.

Registered in England/Wales under the registration number 11436848, with a registered address at DL4 2RB, England, Shildon, Durham, A&S Building, Unit 2 Future Business Park, Darlington Road.

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