South West Renewables (devon) Limited

South West Renewables Devon Ltd from Axminster UK is a small company with an active status, founded five years ago. It employs three people and holds £85,412 in assets, operating from a real address and managed by two directors and two owners. The company primarily operates in the retail sale via mail order houses or via internet industries.

The company's website showcases a range of products, including electronics, cars, fashion, and collectibles, indicating a broad e-commerce focus. It’s a marketplace-style platform, featuring numerous brands and categories, and actively promoting deals and sales. The site is well-structured, with clear navigation and a focus on user experience, suggesting a deliberate effort to attract and retain customers. It’s very much an online retail platform, with no obvious physical storefront or direct customer interaction beyond online support.

Financially, South West Renewables Devon Ltd presents a mixed picture. While cash bank on hand decreased by 16%, falling to £6,000, total assets less current liabilities declined by 13% to £68,000. Trade creditors decreased by 49%, which is a positive sign, but the increase in other creditors by 220% to £8,800 could indicate increased short-term borrowing. The company’s small size—meeting two of three conditions for a small company—helps it remain nimble, but the decrease in equity is notable. The lack of an auditor mentioned (likely exempt as a small company) means these are unaudited figures.

The company's net current assets liabilities also decreased by 13%, to £67,000. It's clear the business is facing some financial pressure, but the decrease in trade creditors is a positive sign. The company’s focus on online retail and broad product selection suggests a strategy of volume and variety, but it will need to carefully manage its finances to ensure long-term sustainability.

Registered in England/Wales under the registration number 12384923, with a registered address at EX13 5RJ, England, Axminster, The Loft Unit 11, Hunthay Business Park.

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