H2o Seal Ltd

H2o Seal Ltd, based in Gravesend, UK, is a small, active family business founded eleven years ago. With six employees and £485,229 in assets, it operates as an irregular importer of plastics and plastic products, with its last import activity recorded one month ago in November 2022. The company is led by two directors and two owners, Kolodziejczyk Laura and Pawel, who also serve as company directors. It’s a solo-founded venture, and the registered address is real, with only three companies registered at the same location.

The company's website highlights its role as a leading provider of advanced waterproofing solutions, specializing in liquid-applied systems for both residential and commercial projects. They offer a wide range of services, from testing and investigation to planned preventative maintenance and concrete repair. The website also mentions a showroom in Harrods, London, which is quite impressive. They even offer services like resurfacing and preventative maintenance.

Financially, H2o Seal Ltd shows a mixed picture. While current assets increased by a respectable 32% to £490,000, net assets also increased by 32% to £200,000. However, bank borrowings remained stable at £120,000, and cash reserves decreased by a slight 1.8% to £100,000. A significant increase in trade debtors, up 46% to £380,000, suggests that the company is extending credit to customers. The company’s small size (meeting two of three conditions for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) keeps it nimble, but the increase in debtors should be monitored. There's no auditor mentioned, likely due to being exempt as a small company, so the figures are unaudited.

Overall, H2o Seal Ltd seems to be holding its own, but the increase in outstanding debts is something to keep an eye on. The company's focus on high-quality waterproofing services and its presence in a prestigious location like Harrods suggest a potential for continued growth, even if it's a little slow.

Registered in England/Wales under the registration number 08879703, with a registered address at DA11 9NE, England, Gravesend, 45-49 Burch Road Northfleet.

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