Smardi Ltd

Smardi Ltd is a small, active company based in Southsea, UK, founded four years ago in July 2020. It employs just one person and holds £28,542 in assets. The company operates in the agents involved in the sale of a variety of goods, retail sale via mail order houses or via internet industries. Officially, it has one owner and one director.

The company’s website reveals a focus on e-commerce services. It’s a small operation, meeting two of three conditions to be classified as such: turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. The site is well-designed and easy to navigate, and the company seems to be targeting a broad range of customers.

Financially, Smardi Ltd's numbers show a mixed picture. Current assets decreased by 17% to £29,000, while net assets plummeted 88% to just £1,200. Equity, which included retained earnings, suffered a dramatic 2400% drop. Operating profit loss went from 270 GBP to -9200 GBP, a significant downturn. Cash bank on hand, however, increased by 8% to £20,000. Trade debtors remained steady at £14,000. The company's small size helps it stay nimble, but the equity drop and operating loss raise concerns. There's no auditor mentioned, so the figures are unaudited.

It’s clear that Smardi Ltd is facing challenges. The company’s reliance on e-commerce and a small workforce suggests a lean operation, but the financial data indicates that it’s burning through money. Whether it can turn things around remains to be seen.

Registered in England/Wales under the registration number 12741863, with a registered address at PO5 3JN, England, Southsea, Hampshire, 50c Nightingale Road.

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