Csd Sealing Systems Limited

Csd Sealing Systems Ltd, based in Newcastle Upon Tyne, UK, is a small, holding company with an active status. Established 32 years ago in 1993, it employs 17 people and holds assets worth £5,120,176. The company operates from a virtual address, a point of note as nineteen companies are registered at the same location. It’s managed by two directors and one owner, though the owner list changed four years ago. Csd Sealing Systems is an irregular importer of rubber and rubber products (one month of imports recorded in August 2023) and a regular exporter of iron and steel (three months of exports, the latest in October 2024).

The company’s website highlights its specialization in sealing solutions for cables and pipes, representing Beele Engineering within the UK. They provide solutions for naval, marine, offshore sectors, as well as utility, nuclear construction industries, offering a range of products like duct seals, pipe penetration systems, and firestopping boards. Csd Sealing Systems also provides consultancy, design, training, and installation services, catering to industries like electricity utilities, water utilities, and rail infrastructure. They even own a company called Csd Technical Services Limited.

Financially, Csd Sealing Systems Ltd shows a mixed picture. Cash bank on hand has dropped significantly by 46% to £990,000, and net assets have fallen 23% to £4.4 million. However, trade debtors have increased by 19%, suggesting improved sales. Creditors have also decreased by 24%, which is a positive sign for debt management. Bank borrowings have surged by 48%, reaching £1 million. The company meets the criteria for a small business, with turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. The lack of an auditor is typical for a small company, so the figures are unaudited.

Despite the decrease in net assets, the company’s focus on specialized sealing solutions and its established relationships within key industries—like naval and utility sectors—suggest a stable foundation. It’s likely that the increased borrowing is being used to invest in growth or to manage short-term cash flow needs.

Registered in England/Wales under the registration number 02798799, with a registered address at NE3 3LS, England, Newcastle Upon Tyne, C/O Azets Bulman House Regent Centre, Gosforth.

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