Scoresbys Limited

Scoresbys Limited is a small, active company based in Hull, UK, founded six years ago in 2019. With a virtual address and just £42,514 in assets, it’s a solo-founded operation run by a single director and owner, Taylor Stephen. The business operates in the retail sale via mail order houses or via internet industries.

The company's website, while not readily available for detailed analysis, suggests a focus on online retail. It’s likely an e-commerce operation, selling goods directly to consumers through an online store. Without a functional website to examine, it's difficult to determine the specific products or services offered, but the industry description points to a broad range of consumer goods sold through online channels.

Financially, Scoresbys Limited presents a mixed picture. Current assets have decreased by 8.1% to £43,000, while net assets have increased by 40% to £1,900. Bank borrowings remain unchanged, and cash reserves have increased by 6.1% to £23,000. Creditors have decreased by 9.8%, suggesting better debt management. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it stay agile, but the increase in equity is a positive sign. The company is exempt from an audit, so the figures are unaudited.

The company’s financial data indicates a stable, if modest, performance. The decrease in current assets could be due to increased sales or inventory management, while the increase in equity suggests improved profitability or reduced losses. The company’s small size and solo operation likely contribute to its lean cost structure, but also limit its growth potential.

Registered in England/Wales under the registration number 11906358, with a registered address at HU3 6UU, England, Hull, 650 Anlaby Road.

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