South West Battery And Solar Ltd

South West Battery And Solar Ltd from Plymouth UK: a small, active company founded four years ago, employs just one person, and holds £12,171 in assets. It’s a solo venture led by a single director and owner, boasting a stellar 5.0 Google rating based on one review. The company is an irregular importer, bringing in electrical machinery and equipment, with its last import activity recorded one month ago in August 2022.

The company operates in the retail sale of electrical household appliances in specialised stores. Its website, while not directly linked to the company’s name, lists products for sale on eBay, spanning electronics, cars, fashion, and collectibles. It’s a broad range, suggesting the company is leveraging the platform to reach a wide customer base. There's a lot of items on sale, from Ninja food processors to Luke Littler darts, and even refurbished electronics.

Financially, South West Battery And Solar Ltd presents a mixed picture. Cash bank on hand has significantly dropped by 57%, falling to £5,700, while current assets have also decreased by 34% to £12,000. Equity has taken a substantial hit, declining by 40% to £12,000. However, creditors have also decreased by 12%, indicating a possible improvement in debt management. The company meets the criteria for a small company, with turnover under £10.2 million, assets under £5.1 million, and just one employee. No auditor is mentioned, likely due to its small size.

The sharp decline in equity and cash reserves is concerning, suggesting the company may be burning through money. However, the decrease in creditors suggests better control over short-term liabilities. It’s a small business navigating the challenges of importing and online retail—and its future success will depend on maintaining its Google rating and managing its finances carefully.

Registered in England/Wales under the registration number 12808978, with a registered address at PL7 4SB, England, Plymouth, Devon, 100 St. Margarets Road.

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