The Sourceror Ltd

The Sourceror Ltd from Banbury UK: a small, active company founded six years ago, employs six people, and holds £107,389 in assets. It's a real address with one director and owner – a solo founder – operating an e-commerce site. The company specializes in wholesale and retail of wine, beer, spirits, and other alcoholic beverages.

The website, Stormtrooper Beer, is a fully-fledged e-commerce platform offering a wide range of craft beers, gift packs, and merchandise. It’s a bit of a quirky brand, leaning heavily into a Star Wars theme, with sections dedicated to gifting, vegan and gluten-free options, and even a "Space Craft Beer" section. The site offers international delivery, with a dropdown menu listing over 200 countries, and emphasizes age verification for alcohol purchases. They also have a loyalty program, offering discounts and exclusive offers to returning customers.

Financially, The Sourceror Ltd shows some concerning trends. Accumulated depreciation has increased by 51%, suggesting a need to invest in equipment. Cash bank holdings have dropped significantly – a 94% decrease – leaving only £76. Creditors have risen by 47%, and net assets are down 40%, indicating potential cash flow issues. While trade debtors have increased by 110%, suggesting increased sales, it also means customers are taking longer to pay. The company’s small size (meeting two of three criteria for a small company) does allow for some agility, but the declining equity is a worry. The accounts are unaudited, which is common for small companies.

It appears The Sourceror Ltd is experiencing a period of growth but also facing financial pressures. The reliance on e-commerce and a niche brand identity may be helping to drive sales, but the company needs to manage its cash flow and address the rising debts to ensure long-term sustainability.

Registered in England/Wales under the registration number 11625162, with a registered address at OX16 2SP, England, Banbury, Oxfordshire, Cherwell Business Village, Southam Road.

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