Sophie Charles Limited

Sophie Charles Limited is a small, holding company based in York, UK, with an active trading status. Founded 10 years ago in 2014, the company employs just one person and operates an e-commerce site. It’s overseen by two directors and owned by Barnitts Ltd, with the list of owners changing three years ago. The registered address is a real address, with only one other company registered there.

The company’s website showcases a wide range of products, from homeware and kitchenware to furniture and garden supplies. It’s a comprehensive online store, offering everything from DIY essentials to pet items. The site emphasizes competitive prices, prompt UK delivery, and free returns – standard practices for successful e-commerce businesses. It’s clear Sophie Charles Limited is focused on retail sales via mail order and the internet.

Financially, Sophie Charles Limited presents a mixed picture. Cash reserves have significantly declined, falling 87% to just £1,500. Bank borrowings have increased, rising to £1,600, and net current assets are in the negative at -£6,800. Creditors have also decreased, which is a positive sign. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for flexibility, but the drop in equity is concerning. The accounts are unaudited, and the company’s auditor is not mentioned.

Overall, Sophie Charles Limited appears to be navigating a challenging financial landscape. While its e-commerce platform is active and offers a broad product range, the company needs to address its declining cash reserves and negative net assets to ensure long-term sustainability.

Registered in England/Wales under the registration number 09186653, with a registered address at YO1 8BW, England, York, 24-26 Colliergate.

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