Sett Of Keys Ltd

Sett Of Keys Ltd is a small, active company based in Twickenham, UK, founded five years ago in January 2020. It’s a solo-founded operation with one director and owner, Lawrence Nathanial Daton, and operates an e-commerce site specializing in key cutting and replacement keys. The company’s registered address is real, with only three other companies registered at the same location. It operates in the retail sale via mail order houses or via internet industries.

The website, Replacement Keys Ltd, offers a wide range of key cutting and replacement services, catering to various lock types from office keys to vehicle keys. It boasts a fast online service, utilizing electronic key cutting machinery and software, and has garnered over 62,662 independently gathered reviews. The site emphasizes fast processing, helpful support, and secure transactions, and even offers bulk discounts. The company, based in Leighton Buzzard, has been in the online key cutting industry since 2008 and cuts tens of thousands of keys annually.

Financially, Sett Of Keys Ltd shows some concerning trends. Cash bank on hand has decreased significantly, falling 54% to £10,000. Creditors have also increased, with non-financial instruments rising 15% to £34,000. Equity has seen a substantial drop, falling 48% to -£25,000. While the company meets the criteria for a small business (turnover under £10.2 million, balance sheet under £5.1 million, and fewer than 50 employees), the decline in equity and cash reserves suggests it's burning through money. The lack of employees (zero reported) indicates a lean operation, but the increasing debt could pose a challenge. With no auditor mentioned, the financial statements are unaudited, relying on director-reported data. It seems like the company is working hard, but needs to watch its cashflow.

Registered in England/Wales under the registration number 12387182, with a registered address at TW2 7EA, England, Twickenham, 18 Prospect Crescent.

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