Skavend Ltd

Skavend Ltd from Stockport UK: small company, active status, founded 4 years ago, 1 employee, £31,111 assets, virtual address, 1 director, 1 owner, solo founder, e-commerce site, google rating 4.0 based on 7 reviews. Regular importer of toys, games, and sports equipment (24 months imported). It’s a small, active company, operating for four years and employing just one person. The business, based in Stockport, has £31,111 in assets but uses a virtual address shared by many other companies – thirty-four, to be exact. It’s a solo venture, run by a single director and owner, and boasts a respectable 4.0-star Google rating from seven reviews. The company regularly imports toys, games, and sports equipment, with the most recent import activity recorded in August 2024.

Skavend Ltd’s website, Toy Vending Supplier, reveals a focus on vending machine supplies. It’s a wholesale supplier of novelty toys, capsules, and plush items, catering to businesses like bowling alleys, family entertainment centers, and even wildlife parks. The site offers both direct sales and free vending machine rentals with commission—a clever way to expand its reach. It even ships internationally, serving customers across Europe. The site is well-designed and informative, with clear product categories and a blog section.

Financially, Skavend Ltd’s report shows a mixed picture. Current assets have plummeted by nearly half, falling to £31,000, while net assets have taken a dramatic hit, dropping to -£27,000. Bank borrowings have increased significantly, reaching £8,000, and cash reserves have shrunk to just £2,400. Creditors have also decreased, suggesting better debt management. The company’s small size (meeting two of three criteria for a small company) helps it remain flexible, but the substantial equity decline is concerning. The report doesn't mention an auditor, likely due to its small size and exemption from an audit. The company’s reliance on unaudited data means the numbers should be viewed with caution. It seems like Skavend Ltd is facing some financial pressure, but its focus on a niche market and its innovative rental model could help it weather the storm.

Registered in England/Wales under the registration number 12665096, with a registered address at SK1 3EH, England, Stockport, 77 Middle Hillgate.

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