Scotts (london) Ltd

Scotts (london) Ltd is a small, active company based in Bideford, Devon, UK, established ten years ago in June 2014. With a single employee and £13,621 in assets, it operates from a virtual address shared by seventy other companies, a fact that might raise some eyebrows. The company is led by a single director and owner, Scott Seldon Mark, who also acts as the solo founder. It’s a private limited company registered in England/Wales with the number 09064784.

The business focuses on retail sales via mail order and internet, according to its registration details. It’s a relatively small operation, meeting two of the three criteria to be considered small (turnover under £10.2 million, balance sheet total under £5.1 million, and fewer than 50 employees). Its website, while not providing extensive details, suggests a focus on online retail.

Financially, Scotts (london) Ltd presents a mixed picture. While cash bank on hand increased by a significant 98% to £4,100, net assets decreased by 19% to -£66,000. Creditors have also fallen, with a 12% decrease in current financial instruments and a 51% drop in non-financial instruments. Trade debtors are minimal, only £110, which is good. However, the company’s bank borrowings have fallen, and average number of employees during the period is zero. The company’s retained earnings and accumulated losses are -£66,000. The accounts are abridged and unaudited, reflecting its small size and exemption from a full audit.

The company’s financial data suggests it’s facing challenges, with losses continuing to accumulate. The decrease in employee numbers to zero could indicate a lean operation or perhaps a temporary reduction in workforce. The virtual address, while not inherently problematic, warrants a closer look. Overall, Scotts (london) Ltd appears to be a small, struggling business navigating a competitive online retail landscape.

Registered in England/Wales under the registration number 09064784, with a registered address at EX39 2AT, Bideford, Devon, 69 High Street.

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