Snakebyte Uk Ltd

Snakebyte Uk Ltd is a small, active company based in Wolverhampton, UK, founded fifteen years ago in 2009. The company has £1,998,613 in assets and employs just three people. It operates from a virtual address, registered at Suite 206 Denning House, and is led by a single director, although no owners are officially listed. The company regularly imports machinery, boilers, and mechanical appliances—parts, with the last import recorded in February 2025—and exports electrical machinery and equipment, the last shipment occurring in January 2024.

Snakebyte Uk Ltd functions as an agent specializing in the sale of other particular products, alongside wholesale and retail operations involving radio, television goods, computers, and software. Its website is currently unavailable, hindering a deeper understanding of its e-commerce activities.

Financially, the company’s recent performance presents a mixed picture. While cash bank on hand increased by a respectable 65%, reaching £27,000, current assets experienced a dramatic surge, jumping 7,800% to £2,000,000. However, this is offset by a substantial increase in creditors, which rocketed by 2,700% to £2,200,000. Net current assets and liabilities also show a significant change, with a 290% increase in the latter. Trade debtors have risen by 160%, indicating potentially delayed payments. The company’s small size—meeting two of three criteria for a small company—allows for agility, but the increase in creditors and the decrease in equity (a 320% change) raise questions about its financial health. No auditor is mentioned, which is typical for a small, exempt company.

The company’s reliance on imports and exports suggests a business model dependent on global supply chains, which could be vulnerable to disruptions. The sharp increase in creditors, however, indicates a need to manage its short-term liabilities more effectively.

Registered in England/Wales under the registration number 07032959, with a registered address at WV2 4DP, England, Wolverhampton, Suite 106 Denning House C/O Know Tax, 1a George Street.

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