South Press Co Ltd

South Press Co Ltd, based in London, UK, is a small holding company with an active status, established six years ago. The company, managed by one director and two owners (though the full ownership picture might be broader), employs a single person and holds £111,823 in assets. It operates from a virtual address shared by many other businesses, raising questions about its physical presence. The company is an irregular importer, primarily dealing with glass and glassware, with just one month of imports recorded in 2022.

The company's website, Pure South Press, showcases a focus on premium, cold-pressed oils derived from African avocados, macadamia nuts, and British rapeseed. It’s clearly targeting a health-conscious consumer, emphasizing nutritional benefits and high-quality ingredients. The oils are available in over 800 stores across the UK, including Tesco, and the website promotes recipes and cooking inspiration, suggesting a move beyond simple retail to brand building and customer engagement. The company is also actively promoting its products on social media, with links to Instagram, Facebook, and Twitter.

Financially, South Press Co Ltd presents a mixed picture. Cash bank holdings have decreased significantly by 58%, dropping to £2,400, while creditors remain relatively stable at £110,000. Current assets are also unchanged at £110,000. However, retained earnings and accumulated losses have worsened, with a 6.9% decrease, and net assets have fallen to -£99,000. While the company is classified as small (meeting two of three criteria), the decline in equity and cash reserves suggests potential financial strain. The company’s accounts are unaudited and prepared in accordance with the small companies regime, so the figures rely on director-reported data.

Despite these challenges, the company appears to be maintaining a steady level of activity, with a focus on brand building and retail partnerships. However, the negative equity and declining cash reserves warrant close monitoring to ensure the company’s long-term viability.

Registered in England/Wales under the registration number 11397984, with a registered address at W1W 7LT, England, London, 85 Great Portland Street, First Floor.

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