Sk Prime Ltd

Sk Prime Ltd, based in Burton-On-Trent, UK, is a small, active company founded three years ago. With a single employee and £5,448 in assets, it’s a solo venture led by a director and owner. The company operates in both retail sales via mail order and internet, and provides transportation support activities. It meets two of three criteria to be considered a small company: turnover under £10.2 million, balance sheet total under £5.1 million, and fewer than 50 employees.

The company’s website, while not providing extensive details, suggests a focus on online retail. It’s unclear if there’s a physical store or if operations are entirely digital, but the focus seems to be on selling goods online.

Financially, Sk Prime Ltd presents a mixed picture. Cash bank on hand increased by a significant 47% to £560, a positive sign. However, creditors rose by 84% to £5,300, and net assets liabilities decreased by 34% to £120. Trade debtors also increased substantially, by 81% to £4,900. Although the company’s equity has declined, it’s important to note that the accounts are “filleted” and unaudited, meaning they're simplified and haven't been independently verified. The company’s small size and solo founder structure likely contribute to its agility, but the rising creditors and declining equity warrant close monitoring. The accounts were prepared using Taxfiler software and authorised on April 12, 2024.

Registered in England/Wales under the registration number 13452154, with a registered address at DE14 1QS, England, Burton-On-Trent, 165 Wetmore Road.

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