Shree Sweets Limited

Shree Sweets Ltd from Southall UK is a small, active company founded nine years ago. With eight employees and £171,544 in assets, it operates from a real address and is managed by two directors and owners. It’s a family business with a solo founder and a stellar 5.0 Google rating based on three reviews. The company is an irregular importer of jewelry, precious stones, and metals, with recent activity recorded just one month ago.

The company’s website, Panji Sweets Savouries, is a fully functioning e-commerce platform offering a wide range of Indian sweets and savouries online. Customers can browse categories like Barfi, Bengali sweets, snacks, and gift boxes, with options for bulk purchases and vegan selections. The site also features a "Hot Products" section and a blog, emphasizing quality and safety. Orders can be placed online, and the website offers delivery options, including next-day delivery before 2 PM. The site is well-designed, with clear product descriptions and attractive imagery, suggesting a focus on showcasing the sweets and creating a positive online shopping experience.

Financially, Shree Sweets Ltd presents a mixed picture. Accumulated depreciation on plant and machinery increased by 24%, while vehicle depreciation saw a significant jump of 62%. Bank borrowings decreased by 31%, but the bank overdraft nearly tripled, rising by 210%. Cash reserves plummeted 70%, and net assets took a substantial hit, falling by 82%. Creditors increased by 21%, and trade debtors rose by 31%. The company's small size—meeting two of three criteria for a small company—helps with agility, but the sharp decline in equity is concerning. While the company is exempt from an audit, the unaudited figures provide a snapshot of its current financial state. The increase in bank overdrafts suggests a potential need for improved cash flow management.

Registered in England/Wales under the registration number 09651278, with a registered address at UB2 5DP, England, Southall, Middlesex, Unit 17c Featherstone Industrial Estate, Dominion Road.

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