Storeship Ltd

Storeship Ltd from Heanor UK: a small, active company established sixteen years ago, employs six people, and holds £101,750 in assets. It’s a real address operation with one director and owner—a solo founder—running an e-commerce site with a 3.0 Google rating from nine reviews. The company regularly imports electrical machinery and equipment (three months of activity), and irregularly exports toys, games, and sports equipment (two months).

Storeship Ltd operates as an order fulfilment business, providing services to online retailers. Its website highlights a fifteen-year track record in the UK, offering storage and distribution services. They link their clients’ sales outlets to their software, automatically handling order fulfilment from their UK centres. They even offer a free month of storage with an instant online quote. The website also boasts about its in-house developed fulfilment software, offering real-time tracking and accounting. They also offer EU fulfilment, and even offer Amazon fulfilment preparation services.

Financially, Storeship Ltd presents a mixed picture. Creditors decreased by 20%, suggesting improved debt management, and cash bank on hand increased by 76% to £41,000. However, net assets increased by 66% to £55,000, and trade debtors decreased by 13% to £61,000. Bank borrowings decreased by 2.4% to £4,400. 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 agility, but the increase in corporation tax payable by 130% to £9,200 is something to keep an eye on. No auditor is mentioned, so the figures are unaudited.

The company's focus on order fulfilment and its range of services, from storage to returns, suggest a business well-positioned to serve the growing e-commerce sector. While the financials show some volatility, the increased cash reserves and reduced creditors indicate a potential for stability—though the rising tax liability warrants further monitoring.

Registered in England/Wales under the registration number 06835412, with a registered address at DE75 7QL, United Kingdom, Heanor, Derbyshire, Oakfield House Derby Road Industrial Estate, Derby Road.

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