Sgsupply Ltd

Sgsupply Ltd from London UK is a small, active company founded two years ago. It operates with a virtual address, employs one person, and holds £1,432 in assets, managed by one director and owner. The company primarily operates in the retail sale via mail order houses or via internet industries.

The company’s website, Shop Online for Lightweight, Durable Pet Collars SG Supply, clearly indicates a focus on pet accessories, specifically lightweight and durable collars. The site features a range of products, suggesting a direct-to-consumer e-commerce model. It’s a simple, functional website, prioritizing product presentation and ease of purchase.

Financially, Sgsupply Ltd presents a picture of a very small operation, potentially struggling to gain traction. Current assets remain steady at £1,400, but net assets are a modest £500. Cash reserves are minimal at just £44, and bank borrowings are £1200. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) means it’s likely exempt from an audit, and the figures are unaudited. Trade debtors are a negative £66, which could be a cause for concern. It's a little strange to see that the company has a large number of creditors, £1200, compared to its assets.

The company's financial data suggests it's not burning through money rapidly, but it's not showing significant growth either. The lack of employees and the reliance on a virtual address could indicate a lean, potentially home-based operation. It's difficult to say whether this is a sustainable model long term, but the company seems to be focused on a specific niche—pet accessories—and leveraging online sales.

Registered in England/Wales under the registration number 14346372, with a registered address at W1W 7LT, England, London, 85 Great Portland Street, First Floor.

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