Suzanco Ltd
- Small
- Active
- 2 years
- 1 employee
- £5,960 (assets)
- Real address
- 1 director
- 1 owner
- Solo founder
Two conditions of three:
1.Turnover < £10.2 million
2.Balance sheet total < £5.1 million
3.Average number of employees < 50
Field of Operation
Website
Summary
Suzanco Ltd from Newport UK: a small, active company founded just two years ago, employs a single person, and holds £5,960 in assets. It’s a solo venture led by one director and owner, registered at a real address shared by a handful of other businesses. The company operates in the retail sale via mail order houses or via internet, offering premium leather goods.
The website showcases a range of leather products, including the "Aetherwing" and "Aerowing" series, emphasizing timeless elegance and exceptional customer service. It highlights the company's commitment to quality and style, targeting discerning shoppers. The site also features contact information and a dedication to customer satisfaction.
Financially, Suzanco Ltd presents a mixed picture. Current assets have risen slightly to £6,000, but net assets have fallen significantly to -£12,000, indicating accumulated losses. Bank borrowings have increased substantially, reaching £18,000, and cash reserves have dwindled to just £140. While other creditors have decreased, the sharp decline in equity suggests the company is burning through cash. The company is exempt from an audit, and the accounts are filleted.
Overall, Suzanco Ltd is a small, fledgling business facing financial headwinds. While its online presence and product offerings appear promising, the company needs to address its cash flow challenges to ensure long-term sustainability.
Registered in England/Wales under the registration number 14333206, with a registered address at NP20 4FH, Wales, Newport, 4 Stow Park Avenue.
WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Owners & PSC
-
Individual
- Yunas Syed Usama
- 2 years
- 75%+
-
Resident of United Kingdom
Managers
-
Individual
- Yunas Syed Usama
- 2 years
-
Resident of United Kingdom
Last reports
The latest confirmation statement submitted seven months ago.
Last news
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Total exemption full accounts made up to 2024-09-30Download 6 pages pdf report
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Confirmation statement made on 2024-09-01 with no updatesDownload 3 pages pdf report
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Total exemption full accounts made up to 2023-09-30Download 6 pages pdf report
FAQ about Suzanco Ltd
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