Sts (north Wales) Limited

Sts North Wales Ltd from Llanrwst UK: a small, active company founded 19 years ago, operates with three employees and holds £36,398 in assets. The company has three directors and two owners, and is a regular importer of basic metal tools and utensils, with 13 months of import activity recorded. It's a small company as it met two conditions of three: turnover less than £10.2 million, balance sheet less than £5.1 million, employees less than 50.

The company’s website, bladetech.co.uk, showcases a range of knife and tool sharpening products, including classic diamond stones, diamond taper steels, and honing fluids. It appears to be primarily an e-commerce business, offering products for sale online and catering to both amateur and professional users. The site also highlights trade enquiries and warranty information, suggesting a focus on customer service and quality assurance. They sell products like the Blade Tech Classic Knife Tool Sharpener and the Blade Tech Chef Kitchen Knife Sharpener.

Financially, Sts North Wales Ltd presents a mixed picture. Current assets have decreased by 5.7% to £36,000, while bank borrowings have increased by 19% to £22,000. Equity, however, has taken a significant hit, plummeting by 2900% to -£11,000. Creditors have also risen by 11% to £57,000. Cash reserves have fallen by 47% to £2,300. Debtors have increased dramatically, by 120%, reaching £13,000. The company's small size and lack of an auditor (likely exempt as a small company) means the figures are unaudited.

In short, Sts North Wales Ltd is facing financial challenges, with declining equity and cash reserves. While the e-commerce side appears active and focused on quality, the company needs to address its financial pressures to ensure its long-term sustainability.

Registered in England/Wales under the registration number 05830237, with a registered address at LL26 0HU, Wales, Llanrwst, Admiral House, School Bank Road.

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