Shelving Plus Limited

Shelving Plus Ltd, based in Kingston Upon Thames, UK, is a small, active company established thirteen years ago in 2011. With eleven employees and £633,000 in assets, it’s a modest operation overseen by three directors and a single owner. The company operates from a real address and is involved in importing plastics and plastic products irregularly (last activity in October 2024), and exporting furniture, lighting, and prefabricated buildings, though less frequently (last export in August 2022). Its core business involves the retail sale of new goods in specialised stores.

The company’s website, while not providing detailed e-commerce specifics, suggests a focus on shelving solutions and related products. It’s difficult to determine the extent of online sales from the provided information, but the presence of a website indicates an attempt to reach a wider customer base.

Financially, Shelving Plus Ltd presents a mixed picture. Current assets have decreased by 14% to £630,000, while net assets increased by 6.5% to £500,000. Cash reserves have also taken a hit, falling 29% to £340,000. Bank borrowings have completely vanished, a positive sign. Creditors have seen a significant drop of 58%, suggesting improved debt management. The company’s small size (meeting two of three conditions for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for flexibility, but the decline in cash reserves warrants attention. The company is exempt from an audit, so the financial statements are unaudited.

Overall, Shelving Plus Ltd seems to be navigating a period of adjustment. While it maintains a stable workforce and has reduced its debt, the decrease in cash reserves could indicate a need to carefully manage expenses and explore new revenue streams. The company’s long-standing presence and real address suggest a resilient business model, but future performance will depend on its ability to adapt to changing market conditions.

Registered in England/Wales under the registration number 07692828, with a registered address at KT1 3EE, Kingston Upon Thames, Surrey, 48-56 Hawks Road.

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