Advanced Sealed Units Limited

Advanced Sealed Units Ltd, based in London, UK, is a small, active company founded fifteen years ago in 2009. With 45 employees and £2,226,275 in assets, it operates from a virtual address – a detail worth noting as 238 companies are registered at the same location. The company is run by three directors, but there are no reported owners, which is a bit unusual. It holds a stellar 5.0 Google rating based on eleven reviews. The company is an irregular importer, primarily dealing in miscellaneous chemical products, with the last import activity recorded just one month ago in October 2024.

The company’s website is not available, so it’s difficult to determine the exact nature of its operations beyond what’s stated in the report. It appears to operate in the “other business support service activities n.e.c.” industry.

Financially, Advanced Sealed Units Ltd presents a mixed picture. Creditors have increased significantly by 50%, reaching £1.9 million, while cash bank on hand has improved by 7% to £1.2 million. However, net assets have decreased by 43%, settling at £480,000, and net current assets have fallen by 51% to £330,000. The company’s turnover is likely under £10.2 million, and its balance sheet total is under £5.1 million, confirming its status as a small company. There’s been a substantial increase in other creditors, jumping 670% to £350,000, which could indicate increased operating expenses. Despite these challenges, the company has managed to decrease trade debtors by 15%, suggesting improved collection practices. The company’s financial statements are unaudited, which is standard for small companies.

Overall, Advanced Sealed Units Ltd seems to be navigating a period of financial pressure. The increase in creditors and decrease in net assets suggest it's burning through cash, but the improved cash position and decreased trade debtors offer some hope. The lack of an auditor mentioned reinforces its status as a small, privately held company.

Registered in England/Wales under the registration number 06938299, with a registered address at EC1R 5HL, England, London, Kalamu House, 11 Coldbath Square.

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