Storage Systems (glos) Limited

Storage Systems Glos Ltd from Stonehouse UK: a small holding company with an active status, was founded 28 years ago. It employs just two people and holds £177,594 in assets. Operating from a virtual address – with 114 other companies registered at the same location – it’s led by one director and one owner. The company is an irregular importer, bringing in electrical machinery and equipment, though only for a single month of imports in 2022.

The company’s website showcases a wide range of products, from steps and ladders to racking, shelving, and even specialist workshop equipment. It appears to be primarily an e-commerce business, selling to commercial and industrial clients. The site emphasizes competitive pricing and fast delivery, and even offers a recycling bin set to help businesses comply with new waste management laws. There's a clear focus on providing solutions for warehouses, factories, and offices.

Financially, Storage Systems Glos Ltd presents a mixed picture. While cash reserves increased by a substantial 290% to £94,000, current assets decreased by 25% to £180,000. Trade debtors have seen a significant drop, falling 61% to £84,000, which could indicate improved collection practices. However, other creditors have risen sharply, increasing by 290% to £30,000. The company's small size—meeting two of three conditions for being classified as small—helps it remain flexible. With no auditor mentioned, the financial statements are unaudited.

The sharp increase in other creditors suggests the company might be relying more on short-term financing, which could be a risk. The decrease in debtors is a positive sign, but the overall trend points to a company navigating a challenging economic climate.

Registered in England/Wales under the registration number 03361525, with a registered address at GL10 3UT, England, Stonehouse, Gloucestershire, 701 Stonehouse Park Sperry Way.

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