Sh Goods Ltd

Sh Goods Ltd is a small, active company based in Rainham, UK, founded two years ago in December 2022. It's a solo-founded operation with one director and owner, Hussain Subahan, and holds a real registered address. The company operates in the retail sale via mail order houses or via internet industries, a sector that’s seeing both opportunity and increased competition.

The company’s website, while not provided, likely reflects this focus on online retail, potentially featuring a curated selection of goods and a user-friendly shopping experience. It’s probable that Sh Goods Ltd is trying to establish a strong online presence to reach a wider customer base, a common strategy for small businesses in today’s digital landscape.

Financially, Sh Goods Ltd presents a mixed picture. While the company is small, meeting two of three criteria for a small business (turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees), its equity has remained steady at just £1,100. Cash on hand is also stable at £6,800, however, creditors have remained constant at £5,700. Loans from directors are also steady at £5,400. The company’s net assets and liabilities are also steady at £1,100. There’s no mention of an auditor, which is typical for companies of this size and exempt from an audit. The accounts are described as “filleted,” a term indicating a simplified reporting format for small businesses.

The lack of employee data (zero reported) suggests a lean operation, possibly run by the director alone. The constant creditors and loans, while not alarming, do indicate that the company is relying on credit to manage its operations. It’s possible that the company is reinvesting profits back into the business to fuel growth, or that it’s facing challenges in managing cash flow. The company's description of principal activities is “No description of principal activity”, which is a bit strange.

Registered in England/Wales under the registration number 14552134, with a registered address at RM13 8GE, United Kingdom, Rainham, Essex, 17 17 Sunflower Court, Lower Mardyke Avenue.

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