Scentworks Solutions Limited

Scentworks Solutions Ltd, based in South Shields, UK, is a small, active company founded eight years ago. With just two employees and £125,930 in assets, it's a solo-founder operation managed by two directors. The company is an irregular importer, primarily bringing in machinery, boilers, and mechanical appliances, with the last import activity occurring one month ago in April 2023.

The company’s website, scentworkssolutions.co.uk, reveals a focus on scent marketing. It offers scent diffusion systems to elevate environments, creating a memorable brand experience for customers. The site emphasizes the power of scent to emotionally engage consumers—a key differentiator in today's competitive marketplace. They even offer FAQs and a blog to engage potential clients.

Financially, Scentworks Solutions Ltd shows a mixed picture. While net assets increased by a substantial 84%, reaching £85,000, cash reserves dropped significantly by 41% to £40,000. Bank borrowings decreased by 40%, suggesting improved debt management, but trade debtors increased by 38%, which could indicate challenges in collecting payments. Creditors also decreased, which is a positive sign. The company meets the criteria to be considered small, with turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. With no auditor mentioned, the figures are unaudited.

Overall, Scentworks Solutions Ltd appears to be navigating a period of transition. The company’s focus on scent marketing is a niche area, and its financial performance suggests a need to manage cash flow effectively. It's a small business, and the numbers are not too bad, but it’s important to keep an eye on the trends.

Registered in England/Wales under the registration number 10544211, with a registered address at NE34 7PT, England, South Shields, 139 Beaconside.

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