SUBLIME SICILY LIMITED
Company number 08038286 · Monitor this company
Executive summary
Sublime Sicily Limited operates as a niche online retailer of Sicilian products within the UK's growing non-store retail sector, but its financial position falls dramatically short of industry benchmarks. The company has been technically insolvent throughout its entire reporting history, with net liabilities deteriorating from (£9,541) in 2016 to (£40,056) in 2024, and a current ratio of just 0.04x indicating near-total dependence on creditor (likely director) financing. While the significant fixed asset base of £340,733 suggests capital investment following the 2019 rebrand, the absence of employees, persistent losses, and extreme working capital deficit raise serious questions about whether this business model can achieve the profitability required to restore balance sheet health. The company's continued operation appears contingent upon director support rather than underlying commercial viability.
Shareholders' funds
-£39,215
Balance sheet as at 2025-09-30
Overview
- Company type
- Private Limited Company
- Incorporated
- 2012-04-19
- Employees
- 0 (2025 accounts)
- Registered office
- 81 Burton Road, Derby, Derbyshire, DE1 1TJ
- Postcode
- DE1 1TJ
- Capital
- 100 GBP
- Accounts category
- Micro
Accounts
- Last made up to
- 2025-09-30
- Next due by
- 2027-06-30
- Financial year end
- 30 September
Confirmation statement
- Last statement dated
- 2026-04-19
- Next due by
- 2027-05-03
Nature of business (SIC)
- 47990 Other retail sale not in stores, stalls or markets
Officers 1 current · 3 resigned
Previous company names
| Name | Date changed |
|---|---|
| PREMIER PRODUCTS (EXPORT) LTD | 2019-08-20 |
Previous registered addresses 2
| Address | Changed on |
|---|---|
| 5 RAWDON TERRACE, STATION ROAD, ASHBY-DE-LA-ZOUCH, LEICESTERSHIRE, LE65 2GL, ENGLAND | 2015-01-07 |
| C/O SUITE 3 RAKE HOUSE FARM, RAKE LANE, NEWCASTLE UPON TYNE, TYNE AND WEAR, NE29 8EQ | 2014-09-16 |
Among its peers
Among the oldest 25%
of 234 similar companies in DE, trading since 2012
Competitors Derby
This company ranks 169 among other retail sale not in stores, stalls or markets in Derby.
The class of 2012
22%
of the 2,978 companies in this sector incorporated in 2012 are still active today; 75% have since been dissolved.
A fact about the year, not a forecast for this company.