The Sole Supplier Limited

The Sole Supplier Limited is a small, active company based in London, UK, founded ten years ago in 2014. With 47 employees and £1,370,653 in assets, it's a solo-founded operation managed by one director and owner, Sullivan George Peter Joseph. The company operates in the retail sale via mail order houses or via internet, and also provides other information technology service activities. It meets the criteria for a small company, with turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees.

The company's website isn't available for review, so it’s difficult to determine the specifics of its e-commerce activities. However, its business description suggests a focus on online retail and IT services.

Financially, The Sole Supplier Limited shows a mixed picture. Current assets have decreased by 40% to £1,400,000, while net assets have fallen by 48% to £630,000. Bank borrowings have significantly reduced by 44% to £240,000, and cash reserves have dropped 35% to £480,000. Creditors have also decreased by 44%, which could indicate improved debt management. However, the substantial decline in equity is a cause for concern, suggesting the company may be burning through cash reserves. Trade debtors have increased by 34%, which could be a sign of delayed customer payments. The company is exempt from an audit as a small company, so the figures are unaudited.

Overall, The Sole Supplier Limited appears to be facing financial pressures despite its active status and small size. The decrease in equity and cash reserves warrants close monitoring, although the reduction in bank borrowings and creditors is a positive sign.

Registered in England/Wales under the registration number 09098756, with a registered address at England, London, 86-90 Paul Street, 3rd Floor.

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