Suusco Ltd

Suusco Ltd is a small, active company based in Watford, UK, founded four years ago in 2021. With just two employees and £13,316 in assets, it operates from a virtual address—where sixty-four other companies are registered—and is led by one director and two owners. The company runs an e-commerce site specializing in blankets, bandanas, and yoga equipment, sourcing products from ethical suppliers globally. It’s an irregular importer, with its top category being various textile products, sets, used clothing, and rags, with the last import operation occurring in July 2024.

The Suusco website showcases a wide range of products, from Mexican blankets and Alpaca wool throws to yoga mats and bandanas designed by independent artists. It emphasizes authentic designs and ethical sourcing, with a focus on quality and unique finds. The site’s layout is clean and user-friendly, with clear product categories and a blog featuring lifestyle content. It's a modern e-commerce business.

Financially, Suusco Ltd presents a mixed picture. While the company is small (meeting two of three conditions for being small), with turnover under £10.2m, assets under £5.1m, and fewer than 50 employees, certain numbers are concerning. Cash bank on hand decreased by 44% to £210, and net current assets liabilities are at -£58,000. Borrowings for directors increased significantly, rising 87%, reaching £52,000, and creditors rose 14% to £71,000. Trade debtors, however, increased dramatically, rising 420% to £4,600, which could indicate a growing customer base or potentially delayed payments. The company’s accounts are unaudited, reflecting its status as a small, exempt entity.

Overall, Suusco Ltd appears to be a small, e-commerce business with a unique product offering. While the financials reveal some challenges, its focus on ethical sourcing and a curated selection of goods could help it navigate these pressures. It's a small business, and it's doing its best.

Registered in England/Wales under the registration number 13169901, with a registered address at WD17 1HP, England, Watford, 4th Floor Radius House, 51 Clarendon Road.

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