Sm Direct (retail) Limited

Sm Direct Retail Ltd, based in Hyde, UK, is a small, active company established ten years ago. With a single employee and £377,494 in assets, it operates from a virtual address—a detail highlighted by the fact that seventeen companies share the same registration address. The company is led by a solo founder and director, Majid Sajid, and runs an e-commerce site, though its Google rating sits at a concerning 1.0 based on just three reviews.

The company’s website reveals it’s involved in retail sales via mail order and internet, catering to customers seeking a range of products. While the exact nature of these products isn’t immediately clear, the site suggests a focus on accessible and affordable goods. The business appears to be a relatively small operation, meeting the criteria for a small company—turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees.

Financially, Sm Direct Retail Ltd presents a mixed picture. While cash bank on hand increased by a healthy 9.3% to £130,000, current assets also rose by 6.6% to £380,000. However, creditors saw a significant jump of 18% to £160,000, and net assets remained relatively unchanged at £220,000. Trade debtors also increased by 34%, suggesting a possible reliance on customer payments. The company’s net current assets also decreased slightly. The lack of an auditor mentioned (likely exempt as a small company) means the figures are unaudited.

Overall, Sm Direct Retail Ltd appears to be a small, e-commerce focused business navigating the challenges of growth. The increase in creditors suggests a need to carefully manage debt, but the healthy cash reserves provide some buffer. Whether the company can improve its Google rating and sustain its growth remains to be seen—but for now, it’s a small player in a competitive online retail landscape.

Registered in England/Wales under the registration number 09293477, with a registered address at SK14 1ND, Hyde, Cheshire, Library Chambers, 48 Union Street.

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