Softenergeeks Limited

Softenergeeks Limited is a small, active holding company based in Bury St. Edmunds, UK. Founded seven years ago in 2017, the company employs just three people and holds £53,359 in assets. It operates from a virtual address, registered at a location shared by 48 other companies, and is led by one director and one owner. The company runs an e-commerce site selling water softeners.

The website showcases a range of affordable water softeners for both domestic and commercial use. It offers various models, including meter-controlled and timer-controlled options, as well as installation kits and a universal installation kit. The site also features a section dedicated to the benefits of softened water and a blog with helpful information. It’s clear that Softenergeeks is focused on online retail, offering a convenient way for customers to purchase water softening solutions.

Financially, Softenergeeks Limited shows some interesting trends. Cash bank on hand has seen a remarkable increase of 1000%, jumping to £45,000, while creditors have also risen significantly by 390%, reaching £43,000. Current assets have more than doubled, growing by 320% to £53,000. However, trade debtors have decreased slightly, dropping by 5.1% to £8,400. Equity has also increased by 160%, reaching £9,900. The company’s small size—meeting two of three criteria for a small company—helps it remain flexible. The lack of an auditor mentioned (likely exempt as a small company) means the figures are unaudited.

Overall, Softenergeeks Limited appears to be financially healthy, with strong growth in assets and cash reserves. The increase in creditors suggests the company is investing in its business, while the decrease in trade debtors indicates efficient payment collection. The company’s focus on e-commerce and its range of water softener products position it well in the market, although the virtual address is something to consider.

Registered in England/Wales under the registration number 11018440, with a registered address at IP32 7AR, United Kingdom, Bury St. Edmunds, Suffolk, Eldo House, Kempson Way.

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