Sheldon International Ltd

Sheldon International Ltd from Leicester UK: a small, active company founded 33 years ago, employs 18 people, and holds £2,069,787 in assets. It’s a family business with five directors and four owners, operating through an e-commerce site. The company regularly imports and exports clothing and accessories, not knitted or crocheted, with 115 months of import activity and 24 months of export activity.

The company operates in the wholesale of textiles industries. It’s a small company as it met two conditions of three: turnover less than £10.2 million, balance sheet less than £5.1 million, employees less than 50. The company has a real address, and the address is probably real as only one company registered at the same address.

Sheldon International Ltd’s financial report reveals some interesting trends. Accumulated depreciation and impairment for plant and machinery increased by 4.8%, while cash bank on hand grew by 3.7%. However, creditors increased significantly by 41%, and net assets declined by 4.2%. Trade debtors also increased by 15%, which could mean the company is extending credit to customers, or it could be struggling to collect payments. Interestingly, cash bank on hand increased, suggesting better cash flow management.

The company’s financial statements are unaudited, and it’s exempt from an audit as a small company. The company’s website is not available, so it’s difficult to assess the strength of its e-commerce operations. It's clear the company is holding steady, but it's facing some financial pressures. The increase in creditors and decrease in net assets are concerning, but the increase in cash bank on hand suggests that the company is managing its cash flow effectively. The company's small size allows it to be agile, but the sharp equity drop raises questions.

Registered in England/Wales under the registration number 02709167, with a registered address at LE5 0HJ, England, Leicester, 1 Lunsford Road.

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