Sae Ltd

Sae Ltd is a small, active company founded 28 years ago, operating as a family business with 17 employees. Based in London, it holds £200,134 in assets and boasts a perfect 5.0 Google rating from a single review. The company, with four directors and three owners, is an irregular importer, primarily dealing in electrical machinery and equipment, with just one month of imports recorded as of January 2017. It also operates in the wholesale and retail trade of motor vehicle parts and accessories.

The company’s website doesn’t offer much detail beyond its core business, but it does reveal a connection to Sahibs Auto Electrics, suggesting a broader automotive focus. While the company is small, meeting two of three conditions for classification (turnover under £10.2 million, assets under £5.1 million, and fewer than 100 employees), its financial performance shows some concerning trends.

Net assets have fallen significantly, dropping 65% to -£17,000. Cash reserves have also decreased by 37% to £23,000. Bank borrowings, however, have seen a substantial decrease of -48%, dropping to £11,000. Trade debtors have also fallen by 39%, suggesting better management of customer payments. While the decrease in liabilities is positive, the overall decline in equity is a cause for concern. With no auditor mentioned, the financial statements are unaudited. Sae Ltd appears to be navigating a period of financial pressure, but its family ownership and established presence in the automotive parts market could provide a foundation for future stability.

Registered in England/Wales under the registration number 03322030, with a registered address at NW10 7HR, 3 Norbreck Parade, London.

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