Shared Earth Uk Limited

Shared Earth Uk Limited, based in York, UK, is a small, active company established 14 years ago. With 11 employees and £771,334 in assets, it’s a well-established player in the wholesale trade industries. The company has six directors and one owner, Piercy Jeremy Richard. It’s a regular importer of wood and wood products, with 136 months of import activity recorded, and has recently started exporting, with 8 months of export activity. The company’s registered address is real, with only two companies registered at the same location.

The company operates primarily as a non-specialised wholesale trader, importing and exporting wood and wood products. Its website is currently unavailable, so it’s difficult to assess the extent of its e-commerce presence. It seems the business focuses on B2B wholesale rather than direct consumer sales.

Financially, Shared Earth Uk Limited presents a mixed picture. Current assets have decreased by 32%, falling to £770,000, while net assets have also dropped by 8.2%, settling at £510,000. Bank borrowings have significantly decreased, with a reduction of 100% in overdrafts. Creditors have also decreased, suggesting improved debt management. Cash reserves have increased to £13,000. However, the company’s net losses deepened, and trade debtors have decreased. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 250 employees) allows for agility, but the decrease in assets and increase in losses is concerning. The company is exempt from an audit as a small company, so the financial statements are unaudited.

Overall, Shared Earth Uk Limited appears to be navigating a period of change. While it maintains a steady import and export operation, the financial data suggests it’s facing some challenges. The company’s ability to adapt to these challenges will be crucial for its long-term success.

Registered in England/Wales under the registration number 07301731, with a registered address at YO1 7HL, York, North Yorkshire, 1 Minster Gates.

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