Scoage Uk Ltd

Scoage Uk Ltd is a small, holding company based in London, UK, with an active status. Founded five years ago in April 2020, the company employs just one person and holds £61,225 in assets. It has three directors and one owner, and operates from a real address shared by only one other company, suggesting a genuine business location. Scoage Uk Ltd is an irregular importer, primarily dealing in clocks, watches, and their parts, with a recent import activity recorded one month ago in November 2022.

The company’s activities span several areas, including retail sales via stalls and markets, other retail sales not in stores, management consultancy, and specialised design activities. Its website is currently unavailable, so it’s difficult to determine if it operates an e-commerce platform.

Financially, Scoage Uk Ltd shows some interesting trends. Cash bank on hand has increased dramatically, jumping 1000% to £15,000, a positive sign. However, creditors have also risen significantly, increasing 110% to £49,000 within the last year. Trade debtors have increased by 55% to £46,000, which could indicate a reliance on customer payments. Equity has also grown by 53% to £12,000, a good sign of retained earnings. The company meets two of the three conditions to be considered small: turnover under £10.2 million, balance sheet total under £5.1 million, and fewer than 25 employees. There is no auditor mentioned, which is likely due to the company’s small size and exemption from an audit.

Overall, Scoage Uk Ltd appears to be navigating a period of growth, but it’s also facing increased financial obligations. The company’s diverse activities and small size allow for flexibility, but the rising debts need to be monitored closely.

Registered in England/Wales under the registration number 12545728, with a registered address at E16 1EZ, United Kingdom, London, 97 Himalaya Building 11 Norah Smyth Road.

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