Shiplets Ltd

Shiplets Ltd from Slough UK: a small, active company founded four years ago, employs one person, and holds £1,616 in assets. It has a real address, one director, one owner (who is also the solo founder), and a respectable Google rating of 4.0 based on eight reviews. The company operates in the retail sale via mail order houses or via internet, and other retail sale not in stores, stalls or markets.

The website, Shipleys Foodservice LTD, presents a different picture. It’s a wholesale supplier of fresh fruit, vegetables, dairy, and frozen foods, catering to busy chefs. The site highlights a 24/7 operation and emphasizes prepared fresh produce, alongside dairy provisions and herbs. It’s clear the business is focused on B2B sales, providing ingredients and supplies to restaurants and catering businesses. The site also has a section for “ready prepared” foods, suggesting a value-added service.

Financially, Shiplets Ltd is showing some concerning trends. Current assets have plummeted by 80%, dropping to just £1,600, while net assets have also decreased significantly by 41%, settling at £1,300. Cash reserves have experienced a dramatic decline of 99%, leaving only £60 in the bank. Creditors have also shrunk by 95%, which could be a positive sign of improved debt management, but the overall picture suggests a company struggling to maintain its financial footing. The company's small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) means it doesn't require an audit, so the figures are unaudited. It’s possible the company is facing increased competition or experiencing supply chain issues, but more information would be needed to determine the exact cause.

Registered in England/Wales under the registration number 12922526, with a registered address at SL2 5XW, England, Slough, Berkshire, 330 Rochfords Gardens.

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