Ked Seals Limited

Ked Seals Ltd is a small holding company based in Inverurie, UK, with an active status. Founded ten years ago in 2015, it employs just two people and operates from a real address within a business centre. The company has three directors and three owners, though the owner list might not be exhaustive. It’s a regular importer of electrical machinery and equipment, having imported for nine months, with the latest import occurring in January 2025. It also exports machinery, boilers, and mechanical appliances, having exported for four months, with the last export in December 2024.

The company provides engineering-related consulting and design services to the industrial sector. Its website, Industrial Process News, is a digital magazine focused on industrial process news and advertorial content. It circulates directly to 25,000 businesses and is available on multiple digital platforms. The site features articles, videos, and event listings, and encourages businesses to advertise.

Financially, Ked Seals Ltd shows a mixed picture. Accumulated depreciation has increased by 27%, indicating investment in property and equipment, but cash bank on hand has dropped significantly by 45% to £46,000. Debtors have increased by a substantial 61%, suggesting the company is owed more money, while creditors have remained relatively stable. Equity has taken a significant hit, decreasing by 120% to -£4,200. While the company’s turnover is below £10.2 million and its balance sheet total is under £5.1 million, the substantial equity decline and reduced cash reserves raise concerns about its financial health. The company’s bank borrowings have also decreased, which could be a positive sign. There is no auditor mentioned, likely due to its small size and exemption from an audit. Overall, Ked Seals Ltd appears to be navigating a challenging financial landscape, potentially burning through cash, though its import and export activities suggest ongoing business operations.

Registered in Scotland under the registration number SC495693, with a registered address at AB51 5LX, Scotland, Inverurie, Aberdeenshire, Unit 16, Netherton Business Centre, Kemnay.

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