Smith International Limited

Smith International Limited is a small, active company based in London, UK. Founded 23 years ago in March 2002, it employs five people and holds £328,440 in assets. The company operates from a virtual address, registered at C/O Cantelowes Limited, which means there are a lot of companies sharing the same location. It’s a family business run by one director and two owners, with Stuart Mark Smith at the helm.

The company’s primary business involves importing printed materials like books, newspapers, and pictures, though it’s an irregular importer with just one month of import activity recorded as of March 2022. Beyond that, Smith International Limited engages in portrait photographic activities and provides other business support services. Its website isn't currently available, so it's difficult to determine if it operates an e-commerce site.

Financially, Smith International Limited appears to be facing some challenges. Current assets have decreased by 23% to £330,000, while net assets have fallen by 21% to £220,000. Cash reserves have also declined significantly, dropping 57% to £120,000. Trade debtors have increased by 41%, suggesting potential issues with customer payments. On a brighter note, creditors have decreased by 28%, indicating improved debt management. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it remain flexible, but the decline in equity is concerning. As a small company, it’s exempt from an audit, so the financial information is unaudited.

The company’s management structure seems stable, with the same director in place for fifteen years. However, the decrease in cash reserves and the rise in trade debtors suggest that Smith International Limited may be burning through money. It's likely that the company is relying on its existing customer base and its established presence in the market to weather these financial pressures.

Registered in England/Wales under the registration number 04388358, with a registered address at EC2V 7HY, United Kingdom, London, C/O Cantelowes Limited 4th Floor, 20 Aldermanbury.

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