Saemm Limited

Saemm Ltd from London UK: small company, active status, founded 3 years ago, virtual address, 1 director, 1 owner. It's a small, active company registered in England/Wales with the number 13615076. Incorporated on September 10, 2021, Saemm Limited operates from a virtual address – a bit unusual, as eighty-two other companies share the same location. The company is run by one director and one owner, with lists updated recently, which is a good sign.

Saemm Limited primarily engages in retail sale via mail order houses or via internet. The company’s website, while not directly linked to the report, suggests a focus on e-commerce, likely selling goods online. There's no clear indication of a physical storefront or extensive offline presence.

Financially, Saemm Limited presents a mixed picture. While the company has £160 in the bank, it’s a slight decrease from the previous year. Creditors have increased significantly, rising to £1,400, and net assets are down to -£1,300. Loans from directors also increased, reaching £1,400. It's a concerning trend, especially considering the company’s small size—meeting two of three criteria for a small company: turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. The accounts are described as “filleted” and unaudited, which is common for small companies exempt from a full audit. There's no auditor mentioned in the report.

The company’s recent changes in ownership and director lists, along with the negative equity, suggest it’s navigating a challenging period. While the online retail sector can be lucrative, Saemm Limited appears to be burning through cash, and it's important to monitor its financial health closely.

Registered in England/Wales under the registration number 13615076, with a registered address at EC1V 2NX, England, London, Capital Office, 124 City Road.

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