Sia Appliances Limited

Appliances Ltd Sia from Salford UK: a small, holding company with an active status, was founded twelve years ago. The company employs three people and holds £764,670 in assets, operating from a real address and managed by three directors and one owner. It runs an e-commerce site and regularly imports machinery, boilers, and mechanical appliances—parts, with 30 months of import activity recorded, the last in July 2024. It also exports optical and medical tools and devices, though irregularly, with just one month of export activity recorded as of December 2022.

The company's website, SIA, showcases a wide range of modern appliances, from cookers and refrigeration to sinks and dishwashers. It emphasizes affordability, fast delivery, and a stylish design, catering to both minimalist enthusiasts and those seeking inspiration from TikTok trends. The site also features buying guides for air fryers, instant boiling taps, and pyrolytic ovens, positioning SIA as a helpful resource for customers.

Financially, Appliances Ltd Sia shows a mixed picture. Current assets increased by 14% to £760,000, while net assets dropped by 3900% to -£28,000. Bank borrowings decreased by 100% to zero, and cash reserves fell 66% to £20,000. Creditors increased by 24% to £790,000, and trade debtors rose by 21% to £740,000. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it remain flexible, but the significant equity decline raises questions. No auditor is mentioned, relying on unaudited statements.

The company’s financial instruments have changed considerably. Amounts owed by group undertakings have increased by 24%, while amounts owed to group undertakings have surged by 82%. This suggests a shift in the company’s financial relationships. It's clear that the company is holding steady, but facing some financial pressures.

Registered in England/Wales under the registration number 08134062, with a registered address at M50 1RE, England, Salford, Greater Manchester, Unit 8 Centenary Park, Coronet Way.

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