Susment Logistics Ltd

Susment Logistics Ltd from Dagenham UK: small company, active status, founded 1 year ago, £314 assets, virtual address, 1 director, 1 owner, solo founder, google rating 4.0 based on 3 reviews. It’s a small operation, meeting two of three conditions to be classified as such: turnover less than £10.2 million, balance sheet total less than £5.1 million, and fewer than 50 employees. The company, incorporated on June 05, 2023, operates from a virtual address shared by thirty-two other companies, a fact that should be noted. It's run by a single director and owner, Oyeniyan Adedayo, who is also the solo founder. Customers seem pleased, with a 4.0-star rating on Google based on three reviews.

Susment Logistics Ltd appears to focus on facilitating the sale of various goods, acting as agents and engaging in retail via mail order and internet industries. There's no website to analyze, so it's difficult to determine if they are directly involved in e-commerce or simply act as intermediaries. The nature of their operations isn's immediately clear from the available information.

Financially, Susment Logistics Ltd is showing some concerning trends. While the company’s current assets are reported at £310, net assets are a negative £9,700, indicating that liabilities exceed assets. Bank borrowings are £4,500, and cash reserves are a meager £210. Trade debtors are £100, and creditors are £4,500. The company's small size helps it stay nimble, but the negative equity is a red flag. With no auditor mentioned, the figures are unaudited, which is common for small companies. It seems like they are burning through money, although it's difficult to say if this is typical startup behavior or a longer-term challenge. The company's owner, Mr. Oyeniyan Adedayo, seems to be doing all the work, and it's not clear how sustainable this is.

Registered in England/Wales under the registration number 14914165, with a registered address at RM8 2ET, England, Dagenham, C/O Ybsm Partners Ltd, 22 Cotesmore Gardens.

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