The Social Supermarket Ltd

The Social Supermarket Ltd, a small, active company based in London, UK, was founded six years ago in 2018. It employs seven people and holds assets valued at £538,181. With four directors and three owners, the company operates from a real address and has a real focus on ethical sourcing. It’s an irregular importer of miscellaneous manufactured goods (last import in August 2023) and an irregular exporter of cereal and milk-based food products (last export in December 2023).

The company's website showcases a wide range of products, from food and drink to clothing and homewares, all with a focus on social impact and sustainability. It’s clearly an e-commerce business, offering free shipping on UK orders over £100 and highlighting its commitment to supporting social enterprises. The site is well-organized, with clear categories and a user-friendly interface. It even has a corporate gifting platform, indicating a B2B component to its operations.

Financially, The Social Supermarket Ltd presents a mixed picture. While cash reserves increased by a significant 59% to £140,000, net assets decreased by 18% to -£110,000. Bank borrowings rose by 11% to £910, and trade debtors increased by a substantial 98% to £300,000. Creditors, however, fell by 18%, suggesting improved debt management. The company’s small size (meeting two of three criteria for being a small company) allows for flexibility, but the decrease in equity raises concerns. There’s no auditor mentioned, likely due to its status as a small company, so the figures are unaudited.

Overall, The Social Supermarket Ltd seems to be navigating a challenging environment. While its e-commerce platform and ethical focus appear strong, the financial data suggests it’s burning through money. Whether the company can sustain its growth and impact remains to be seen, but its commitment to social enterprise is a promising sign.

Registered in England/Wales under the registration number 11548215, with a registered address at W1T 2DB, England, London, Basement Office, 30 Percy Street.

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