Shaws Developments Ltd

Shaws Developments Ltd is a small, active company based in Cardiff, UK, founded four years ago in November 2020. With just one employee and £174,138 in assets, it’s a solo-founded operation run by a single director and owner. The company operates in the development of building projects, and has a real registered address, though it’s probably virtual as 49 other companies are registered at the same location. It’s an irregular importer, with its top import category being Toys, games, and sports equipment, totaling one month of imports, the last recorded in February 2024.

The company's website is non-existent, which makes it difficult to determine if they operate an e-commerce site or primarily work on a business-to-business basis. Without a website, it’s hard to gauge their customer base or marketing strategies.

Financially, Shaws Developments Ltd presents a mixed picture. Current assets have fallen by 52%, dropping to £170,000, while bank borrowings have dramatically decreased by 72%, reaching £93,000. Creditors have also fallen significantly, down 61%, to £140,000. However, net losses deepened, and cash reserves fell 300%, to £170,000. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it stay agile, but the drop in assets raises questions. With no auditor mentioned (likely exempt as a small company), the figures rely on unaudited statements.

It seems that the company has been able to reduce its debt, which is a positive sign. However, the decrease in cash reserves and the increase in losses suggest that Shaws Developments Ltd is burning through money. It's possible that the company is facing challenges in securing new projects or managing its expenses effectively.

Registered in England/Wales under the registration number 13011118, with a registered address at CF3 0LT, Wales, Cardiff, Fairway House Links Business Park Fortran Road, St. Mellons.

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