Sylstore Ltd

Sylstore Ltd from Rainham UK: small company, active status, founded 2 years ago, £6,767 assets, real address, 1 director, 1 owner, solo founder, google rating 5.0 based on 1 reviews. It’s a small business, 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 operates in the retail sale via mail order houses or via internet industries, offering a wide range of products from wine and gourmet foods to courses and travel experiences. Officially, it has one owner or PSCs, one director, and no number of employees published.

Sylstore’s website showcases a curated selection of Spanish, Portuguese, French, Italian, and Greek wines, along with gourmet products like olive oils, cheeses, and chocolates. It’s clearly an e-commerce business, with a focus on premium offerings and gift sets. The site also promotes wine courses and travel experiences, suggesting a broader ambition beyond simple product sales. It's a well-designed site, with clear product categories and a user-friendly interface. They offer various payment options, including Visa and Mastercard, and state that orders can be paid for upon delivery.

Financially, Sylstore Ltd presents a mixed picture. Current assets have decreased significantly, dropping by 26% to just £6,800. Equity has also taken a hit, falling 48% to -£6,000. Bank cash on hand has decreased by 4.3% to £3,200. Creditors have remained relatively stable, but trade creditors have increased by 12%, which could indicate a reliance on short-term financing. The company’s small size helps it remain flexible, but the decline in equity raises concerns about its long-term financial health. There's no auditor mentioned, which is typical for small companies. The company is a private limited company and the accounts are unaudited.

Registered in England/Wales under the registration number 14071075, with a registered address at RM13 8HQ, England, Rainham, 12 Passive Close.

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