Simple Sanitaryware Ltd

Simple Sanitaryware Ltd, based in Hounslow, UK, is a small, active company founded 15 years ago. With seven employees and £59,694 in assets, it’s a family business led by four directors and six owners, boasting a solid 4.0 Google rating from 31 reviews. The company regularly imports copper and copper products, with its last import activity recorded three months ago.

The company operates in the retail sale of hardware, paints, and glass in specialised stores. Its website, found via Companies House, primarily serves as an informational portal. There’s no e-commerce functionality or online store; instead, it provides basic company details and links to relevant government resources. Cookies are used for analytics, and the site offers options to accept or reject them. The site's purpose is purely informational, serving as a digital representation of the company's registration details.

Financially, Simple Sanitaryware Ltd presents a mixed picture. Accumulated depreciation for furniture and fittings increased by 7.5%, while motor vehicles saw a dramatic 100% decrease in value. Cash bank on hand plummeted 90% to just £3,200, and creditors decreased significantly by 61%. However, trade debtors saw a massive 1,400% increase, suggesting potential issues with customer payments. Equity also experienced a substantial drop of 71%, resulting in a negative total of -£52,000. The company's small size (meeting two of three conditions for a small company) allows for agility, but the sharp decline in equity and cash reserves warrants attention. No auditor is mentioned, indicating exemption as a small company.

Overall, Simple Sanitaryware Ltd appears to be facing financial challenges. While it maintains a positive Google rating and a real address, the significant decrease in assets and equity suggests a need for careful management. The company's long-standing presence and family ownership could provide stability, but addressing the financial pressures will be crucial for its continued success.

Registered in England/Wales under the registration number 06927140, with a registered address at TW4 6AF, Hounslow, Middlesex, 29 Barrack Road.

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