The Sherwood Shop Ltd

The Sherwood Shop Ltd, based in Gainsborough, UK, is a small, active company founded four years ago. With a single employee and £214,721 in assets, it's a solo venture led by its founder, Aspell Michael Stuart, who also serves as director and owner. The company operates in the retail sale via mail order houses or via internet industries. A "New website coming soon" message on their online presence suggests a potential shift in their digital strategy.

The Sherwood Shop Ltd appears to be a modest e-commerce operation, likely focused on online retail. The "New website coming soon" message hints at a planned upgrade or redesign, possibly to enhance the customer experience or expand product offerings. While details about their specific products aren't readily available, the focus on mail order and internet sales indicates a direct-to-consumer model.

Financially, The Sherwood Shop Ltd presents a mixed picture. Cash bank on hand has dramatically increased by 430%, soaring to £130,000—a positive sign of improved liquidity. However, net assets also experienced a significant jump, rising by 4100% to £34,000, which could be due to increased equity or retained earnings. Creditors have also increased, rising by 130%, and bank borrowings are up 61%, which could indicate increased spending or investment. Trade debtors are up slightly, and the company's small size (meeting two of three conditions for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for flexibility, but the increase in debt warrants monitoring. The accounts are unaudited and exempt, relying on director-reported data.

Registered in England/Wales under the registration number 13100563, with a registered address at DN21 3PT, England, Gainsborough, 15 Scotter Road, Laughton.

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