Sitepath Limited

Sitepath Ltd from Leicester, UK, is a small, active company founded 16 years ago. With 12 employees and £1,008,341 in assets, it operates from a real address and is managed by two directors and owners. The company is an irregular importer, primarily dealing with iron or steel products, with its last import operation occurring two months ago in June 2023. It’s classified as operating within the "other manufacturing n.e.c." industries.

The company's website, salesautosigns.co.uk, showcases a wide range of products geared towards the auto sales industry – from number plate covers and roof-top displays to flags, banners, and signage. It appears to be an e-commerce business, offering products online and catering to commercial clients. The website’s design is clean and functional, with clear product categories and a focus on easy navigation. The site also features a blog and design guide, suggesting a desire to establish expertise in the field.

Financially, Sitepath Ltd presents a mixed picture. Current assets increased by 14% to £1,000,000, while net assets remained steady at £1,200,000. Cash reserves grew by a significant 38% to £720,000, indicating improved liquidity. However, creditors also rose by 29% to £240,000, suggesting increased reliance on short-term financing. Trade debtors decreased by 16%, which could be a positive sign of better payment collection. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for flexibility, but the increase in creditors warrants monitoring. The accounts are unaudited, and no auditor is mentioned, which is common for small companies.

Overall, Sitepath Ltd seems to be holding its own, with healthy cash reserves and growing assets. The focus on the auto sales niche and the e-commerce platform appear to be driving growth, but the increase in creditors suggests a need to manage short-term liabilities carefully.

Registered in England/Wales under the registration number 06844803, with a registered address at LE4 9LR, Leicester, Leicestershire, 20 Lewisher Road.

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