Shine Supply Uk Ltd

Shine Supply UK Ltd is a small, active company from Shipdham, UK, founded eight years ago in 2016. With two employees and £7,781 in assets, it operates as an e-commerce site selling car detailing products. The company has a real address and is run by two directors and one owner, earning a perfect 5.0 Google rating from 16 reviews. It’s an irregular importer, having imported goods for just one month, with the last import operation occurring in December 2020.

The company’s website, Shine Supply UK, is a comprehensive online store for car enthusiasts. It offers a wide range of products, from soaps and waxes to clay bars and detailing tools, catering to both professional detailers and weekend car washers. The site is well-organized, with clear product categories and detailed descriptions, and even includes a blog with helpful tips and guides. It’s a modern e-commerce operation, with a focus on customer service and a wide selection of products.

Financially, Shine Supply UK Ltd shows some concerning trends. Current assets have decreased by 38%, dropping to £7,800, while net assets have plummeted 94%, reaching -£79,000. Bank borrowings have remained relatively stable, but cash reserves have fallen dramatically by 87%, leaving just £100. Creditors have increased significantly by 79%, reaching £82,000. 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 sharp decline in equity raises questions about its financial health. The company is exempt from an audit as a small company, so the figures are unaudited.

Overall, Shine Supply UK Ltd appears to be a well-regarded e-commerce business with a strong online presence. However, the recent financial data suggests it’s facing challenges and needs to address its declining equity and cash reserves to ensure its long-term sustainability.

Registered in England/Wales under the registration number 10319557, with a registered address at IP25 7PQ, United Kingdom, Shipdham, New Blossom Cottage, Old Post Office Street.

WARNING: The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Ports, countries, transport, and price/kg were calculated by CorpSignals; non-official data, may contain errors.