Secnd Ltd

Secnd Ltd is a small, active company based in Shoeburyness, UK, founded three years ago. With six employees and £47,044 in assets, it's a family business operating an e-commerce site. The company has three directors and three owners, and its registered address is real, with only one other company registered there.

The company operates in the retail sale via mail order houses or via internet industries. Its website, Second Nature, is a leading publisher of design-led greetings cards and other paper products. It caters to trade customers, offering a wide range of brands including Second Nature Pop Ups, Clever Cubes, Champagne, and Yours Truly. The site also features a variety of partyware, confectionery products, and activity packs. It’s clear the business is focused on providing a diverse selection of cards and gifts for retailers.

Financially, Secnd Ltd’s report shows a mixed picture. While cash and bank holdings decreased slightly to £960, trade debtors have fallen by a significant 3.7% to £46,000. However, creditors have increased dramatically, rising by 99% to £70,000—a concerning trend. Net assets have also dropped considerably, falling 19% to £44,000. The company’s average number of employees has also decreased sharply, falling 67% to just two. Director remuneration has remained steady at £24,000. It’s worth noting that the company is exempt from an audit, so the figures are unaudited.

The sharp increase in creditors suggests Secnd Ltd may be facing cash flow pressures, despite a stable turnover. The reduction in employees could be a cost-cutting measure, or perhaps a reflection of the business’s current operational needs. The company’s small size (meeting two of three criteria for being a small company) allows for agility, but the financial trends warrant close monitoring.

Registered in England/Wales under the registration number 13842554, with a registered address at SS3 9QT, United Kingdom, Shoeburyness, Essex, 34 Towerfield Road.

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