Ske Direct Sales Ltd

Ske Direct Sales Ltd, based in Tamworth, UK, is a small, active family business founded twelve years ago. Employing just two people, the company holds £102,439 in assets and operates from a real address. With two directors and two owners, it’s a tight-knit operation. The company regularly imports iron or steel products, with 44 months of import activity recorded, and has recently begun exporting special woven and decorative fabrics, with seven months of export activity.

The company operates in the non-specialised wholesale trade industries, and its website is currently unavailable, making it difficult to ascertain the extent of its online presence. It’s unclear if they are running an e-commerce site or relying solely on wholesale channels.

Financially, Ske Direct Sales Ltd presents a mixed picture. Current assets have decreased by 3.7% to £100,000, while bank borrowings have fallen by 26% to £21,000. Cash reserves have also declined by 44% to £17,000. However, trade debtors have increased by 40% to £38,000, suggesting that the company is managing its debts well. Equity has increased by a modest 1.5% to £24,000. The company meets two of the three criteria for being a small company, with turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. As a small company, it is exempt from an audit, so the figures are unaudited.

The company’s recent decline in cash reserves, however, is a concern. While the increase in trade debtors could indicate growth, it also suggests a reliance on customer payments. It’s possible that the company is experiencing some growing pains as it expands its export activities. The lack of a website makes it difficult to assess the company’s overall health, but the financial data suggests that it is currently navigating a challenging period.

Registered in England/Wales under the registration number 08129852, with a registered address at B77 5DQ, England, Tamworth, Staffordshire, Unit 5 7b Claymore, Tame Valley Industrial Estate, Wilnecote.

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