The Old Silk Road Trading Company Ltd

The Old Silk Road Trading Company Ltd from Steyning UK: small company, active status, founded 8 years ago, 1 employee, £15,555 assets, real address, 1 director, 1 owner, e-commerce site. It’s a small business, meeting two of three conditions to be classified as such: turnover under £10.2 million, balance sheet total under £5.1 million, and fewer than 50 employees. The company, registered in 2016, operates from a real address in Steyning, West Sussex, and is run by one director and owner, Whittle Sophie Frances. It’s an active business with a single employee, offering artisanal food products through an e-commerce site and a presence on Etsy.

The Old Silk Road Trading Company specializes in sourcing quality ingredients from around the world, selling them as artisanal gifts, spices, and lifestyle products. Its website highlights a range of items, from clip-top jars to stockists, and encourages independent stores to join its network. Customer reviews on Etsy praise the company’s excellent service, fast delivery, and beautifully presented products. The company also maintains a blog featuring recipes and information about spices and salts. They’re also selling on Etsy, and have a contact email address.

Financially, the company’s situation is a bit tricky. While current assets are up slightly to £16,000, net assets have plummeted to -£7,300, a significant drop. Bank borrowings have increased, and cash reserves are down, suggesting the company is burning through money. Creditors have also risen, indicating increased short-term debt. Despite these challenges, the company’s small size allows for flexibility. The accounts are abridged and unaudited, and there’s no auditor mentioned, which is typical for small companies. They’re also using Companies House software, and the accounts were authorised for issue on May 29, 2024.

Registered in England/Wales under the registration number 10314525, with a registered address at BN44 3RF, United Kingdom, Steyning, West Sussex, 2 Highland Croft.

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