Sg No. 3 Ltd

Sg No. 3 Ltd is a small holding company based in London, UK, with an active status. Founded seven years ago in February 2018, it employs fourteen people and holds assets worth £521,498. The company’s yearly revenue is £838,586, but it operates from a virtual address, which is a little odd as seventy-four other companies are registered at the same location. It's managed by three directors and has one owner, although the owner list hasn’s changed much since the company started.

The company’s main business appears to be retail, specializing in the sale of new goods through specialized stores. It’s also a regular importer, with its top category being paper and paperboard products, importing for nineteen months with the last import happening in December 2024. It's a bit surprising that it’s a holding company, but it seems to be involved in the surgical blade and piano business.

Financially, Sg No. 3 Ltd shows a mixed picture. Cash bank on hand decreased by 5.3% to £320,000, while turnover increased by 12% to £840,000. However, net assets plummeted 85% to £52,000, and bank borrowings surged by 2,000% to £17,000. Creditors also increased significantly, rising by 470% to £84,000. The company’s small size—meeting two of three criteria for being a small company—helps it stay flexible, but the sharp decline in equity is a concern. The company’s auditor is Krogh & Partners Limited, and the financial statements are audited.

It seems like the company is facing some challenges, but it’s still operating. The business has a good reputation, and it’s still importing goods. Hopefully, it can turn things around and continue to be a successful company.

Registered in England/Wales under the registration number 11181159, with a registered address at EC1N 8SU, England, London, 27 Greville Street.

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