Saeloc Limited

Saeloc Limited, based in Northampton, UK, is a small, active company founded 25 years ago. With three employees and £941,629 in assets, it operates from a virtual address – a detail highlighted by the fact that 33 companies are registered at the same location. The business is led by four directors and two owners, with the director list having changed recently, which is a good sign. It runs an e-commerce site and regularly imports machinery, boilers, and mechanical appliances, parts, with 30 months of import activity recorded.

The company’s website showcases its role as the exclusive European distributor of Kwik Lok, a provider of closures and labelling solutions. The site highlights the use of Kwik Lok in leading supermarkets, bakeries, and growers, emphasizing sustainable innovation with FibreLok, a plastic-free closure. The website also features a separate division focused on piano restoration, indicating a diverse range of activities.

Financially, Saeloc Limited’s numbers present a mixed picture. Current assets have decreased by 3.8% to £940,000, while net assets have increased by 2.5% to £630,000. Cash reserves have fallen 1.5% to £500,000, and trade debtors have decreased by 15%, suggesting improved collection rates. Bank borrowings have increased by 2400%, reaching £29,000, and creditors have decreased by 18%. The company’s small size—meeting two of three criteria for a small company—allows for flexibility, but the increase in bank borrowings warrants attention. No auditor is mentioned, likely due to its status as a small company. Overall, Saeloc Limited appears to be navigating a period of change, with a focus on its core distribution business and a diverse range of activities.

Registered in England/Wales under the registration number 03782035, with a registered address at NN1 5AJ, Northampton, Eagle House, 28 Billing Road.

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