Corseal Limited

Corseal Ltd from Acton, Sudbury UK is a small, family-run business with an active status, having been founded nineteen years ago in 2006. Employing four people, the company holds £216,681 in assets and operates from a real address, managed by two directors and two owners. It runs an e-commerce site and boasts a stellar 5.0 Google rating from four reviews. The company regularly imports machinery, boilers, and mechanical appliances, with parts imported for seven months, the last operation made in December 2024.

Corseal’s website showcases a diverse range of products, from bespoke gaskets and seals to hoses and rubber matting. It caters to various industries, including marine and brewery applications, offering both stocked items and custom-designed solutions. The site highlights a commitment to quality, featuring certifications like ISO 9001 and emphasizing British craftsmanship. It also includes a knowledge center with guides, FAQs, and blog posts, demonstrating expertise in sealing technologies.

Financially, Corseal Ltd presents a mixed picture. While cash reserves decreased by 14% to £24,000, trade debtors increased by 14% to £140,000, suggesting a possible shift in payment terms or increased sales. However, net assets plummeted 36% to £68,000, and bank borrowings surged by 42% to £15,000—a concerning trend. Creditors also increased by 43% to £150,000. The company’s small size (meeting two of three conditions for a small company) allows for flexibility, but the decline in equity warrants closer scrutiny. With no auditor mentioned, the figures are unaudited.

Overall, Corseal Ltd appears to be a resilient, family-run business navigating financial pressures. Its e-commerce presence and focus on specialized sealing solutions provide a solid foundation, but the company will need to address the declining equity to ensure long-term sustainability.

Registered in England/Wales under the registration number 05782628, with a registered address at CO10 0BD, United Kingdom, Acton, Sudbury, Suffolk, Unit 5a Bull Lane Industrial Unit.

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