Shelbee Ltd

Shelbee Ltd from Manchester UK: a small, active company founded two years ago, employs one person, and holds £11,196 in assets. It’s a solo-founded e-commerce site with a real registered address and one director. The company operates in the retail sale via mail order houses or via internet industries.

The company’s website, British Fashion Hosiery, showcases a wide range of hosiery and apparel, including ski socks, t-shirts, and cycling shorts. It’s clearly focused on online retail, with a clean, easy-to-navigate site and a focus on competitive pricing and multiple payment options. The site even offers free shipping on all orders, a good incentive for customers.

Financially, Shelbee Ltd’s figures are a little bit puzzling. Current assets are stable at £11,000, but net assets have fallen to £3,100—a significant drop. Bank borrowings are at £8,900, and cash reserves are at £2,300. Creditors have also increased. The company’s small size (meeting two of three conditions for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) means it’s likely exempt from an audit, so the figures are unaudited.

It seems like Shelbee Ltd is facing some financial pressures. The drop in net assets suggests the company may be burning through cash, but the stable current assets indicate it’s still able to meet its short-term obligations. The lack of employees means it's likely a lean operation, but the increased creditors could signal a need for better cash flow management.

Registered in England/Wales under the registration number 14783243, with a registered address at M9 5UW, England, Manchester, 16 Ringley Street.

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