Src Style Ltd

Src Style Ltd is a small, active company based in Stockport, UK, founded ten years ago in 2015. It employs just one person and holds £70,066 in assets. With a real registered address and a single director and owner, Carroll Sarah Rachael, it operates as a regular importer of clothing and accessories made by knitting or crocheting, with five months of import activity recorded, the latest in December 2024. The company’s activities involve retail sale via mail order houses or via internet.

The company’s website, Splashpanel, showcases a range of stylish PVC panels designed for walls, ceilings, and extrusions. It’s clearly an e-commerce operation, offering a wide selection of designs and finishes, emphasizing ease of installation and maintenance. The site highlights key benefits like waterproofness, cost-effectiveness, and a five-year warranty. It’s a modern approach to interior design, targeting customers looking for a quick and stylish upgrade.

Financially, Src Style Ltd shows a positive trend. Current assets increased by 190% to £70,000, while net assets rose 270% to £54,000. Cash reserves more than doubled to £61,000, and bank borrowings decreased by 33% to £6,500. Creditors increased by 57% to £16,000, and tax liabilities jumped 2200% to £9,300. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it remain nimble. With no auditor mentioned (likely exempt as a small company), the figures rely on director-reported data.

In short, Src Style Ltd seems to be doing well, with strong asset growth and healthy cash reserves. The PVC panel business, meanwhile, appears to be thriving, offering a modern and cost-effective alternative to traditional interior finishes. It’s a good sign for the company’s future, though the sudden increase in tax liabilities is something to keep an eye on.

Registered in England/Wales under the registration number 09467061, with a registered address at SK7 1DU, England, Stockport, 32 Eskdale Avenue, Bramhall.

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