The Solid Bar Company Ltd

The Solid Bar Company Ltd, based in Faringdon, UK, is a small, active family business founded seven years ago. With two employees and £16,775 in assets, it operates an e-commerce site selling sustainable, natural care products. The company has four directors and two owners, and exports irregularly, primarily soaps, cleaning products, and waxes – the last export was made a year ago.

The company’s website showcases a wide range of products for humans, horses, and dogs, emphasizing plastic-free, vegan, and cruelty-free options. From shampoo bars and conditioners to insect repellents and nappy balms, the site caters to eco-conscious consumers seeking natural alternatives. It also highlights awards and positive customer reviews, reinforcing its commitment to quality and sustainability.

Financially, The Solid Bar Company Ltd presents a mixed picture. Current assets have decreased by 14%, dropping to £17,000, while net assets have plummeted by a significant 120%, resulting in a negative balance of -£200. Bank borrowings have also decreased, falling by 15% to £5,700. Cash reserves have experienced a sharp decline, dropping 61% to £1,800. While creditors have also decreased by 15%, the substantial drop in equity is a concern. The company, meeting two of three criteria to be considered small, has no auditor mentioned, and the accounts are unaudited.

The company’s focus on sustainable products and its positive online presence suggest a strong brand identity, but the financial data indicates potential challenges. The decrease in cash reserves and the negative equity warrant close monitoring, though it's likely a consequence of startup costs and growth investments.

Registered in England/Wales under the registration number 11293184, with a registered address at SN7 7BP, England, Faringdon, Unit 12 Rac Estate, Park Road.

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