Snopake Limited

Snopake Ltd from Uxbridge UK: a small company with an active status, was founded 37 years ago and currently employs 16 people. The company holds assets valued at £2,194,460 and has a real address. With three directors and one owner, it operates as a regular importer of machinery, boilers, and mechanical appliances, parts (120 months imported), and a regular exporter of paper and paperboard products (88 months exported). The company operates in the non-specialised wholesale trade industries.

The company's website is not available, so it’s difficult to determine the extent of its e-commerce presence. However, the import and export activities suggest a business-to-business model, likely supplying retailers or industrial clients with stationery and related products.

Financially, Snopake Ltd presents a mixed picture. Current assets increased by 16% to £2.2 million, while bank cash increased by a whopping 290% to £580,000. Trade debtors decreased by 10%, which is a good sign, and creditors also decreased by 33%. However, net losses deepened, and equity decreased. 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 stay agile, but the equity drop raises questions. With no auditor mentioned (likely exempt as a small company), the figures rely on unaudited statements.

The company's substantial cash reserves suggest it’s in a relatively stable position, and the decrease in debtors indicates improved collection practices. However, the deeper net losses suggest that the company may be burning through money, or that its expenses have increased. The company’s long history and consistent import/export activity suggest a well-established business, but the financial details warrant closer monitoring.

Registered in England/Wales under the registration number 02143057, with a registered address at UB8 2FX, England, Uxbridge, London, Brook House, 54a Cowley Mill Road.

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