Super Savvy Supplies Limited

Super Savvy Supplies Ltd from Oldham UK is a small, active company founded nine years ago in 2015. It holds £731 in assets and operates from a real address, managed by one director and one owner. The company meets two of the three conditions to be considered small: turnover under £10.2 million, balance sheet total under £5.1 million, and fewer than 50 employees. It operates in the retail sale via mail order houses or via internet industries.

The company's website, while not fully detailed, suggests a focus on online retail. It’s difficult to determine the extent of e-commerce activity without further investigation, but the business likely sells products directly to consumers through an online store. It’s not clear if they have a physical storefront or if all sales are conducted online.

Financially, Super Savvy Supplies Ltd presents a concerning picture. Current assets have decreased by 16%, dropping to £730. More significantly, net assets have plummeted to -£52,000, indicating substantial accumulated losses. Bank cash has fallen by 52%, leaving just £130. Creditors remain stable at £53,000, and there are no employees reported. The company's small size helps it remain agile, but the dramatic decline in equity raises serious questions about its financial health. The lack of an auditor (likely exempt due to its size) means the figures are unaudited.

It appears the company is burning through cash. The significant losses and dwindling reserves suggest a need for a change in strategy, although without more information, it’s impossible to say what that might be. The single director and owner may be stretched thin, and the lack of employees could be hindering growth.

Registered in England/Wales under the registration number 09875234, with a registered address at OL1 1RU, United Kingdom, Oldham, Lancashire, 113 Union Street.

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