Sr Drycleaning And Laundries Ltd

SR Drycleaning and Laundries Ltd, based in London, UK, is a small, active company founded four years ago. Employing 29 people and holding £146,552 in assets, it operates from a real address and is managed by two directors and one owner. The company enjoys a perfect 5.0 Google rating based on a single review. It’s an irregular importer, primarily bringing in clothing and accessories made by knitting or crocheting, with the last import activity recorded two months ago.

The company’s website, SR Laundry Service, highlights its linen hire and professional washing services, catering to both individuals and businesses. It emphasizes premium quality linens, expert washing, and a commitment to customer satisfaction. The website details linen hire, professional washing, and stain removal services, showcasing a focus on commercial clients and a modern, customer-focused approach.

Financially, SR Drycleaning and Laundries Ltd presents a mixed picture. Current assets have increased significantly, jumping 77% to £150,000, while cash bank on hand has decreased by 38% to £10,000. Creditors have also seen a significant change, with those due within one year rising 26% to £130,000, while those due after one year fell by 58% to £17,000. Debtors have ballooned by 110%, reaching £130,000. Equity has seen a dramatic increase, rising 3,100% to £84,000. 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 rise in debtors and the decrease in cash suggest potential cash flow pressures. The company is exempt from an audit, so the figures are unaudited.

The increase in intangible assets to £40,000 is also notable, although the nature of this investment isn't clear from the report. Overall, SR Drycleaning and Laundries Ltd appears to be growing, but needs to manage its cash flow carefully to sustain this momentum.

Registered in England/Wales under the registration number 13313532, with a registered address at W5 1DP, United Kingdom, Lodon, Europa House, Hanger Lane.

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