Sam Labs Ltd.

Sam Labs Ltd from Cambridge UK: a small, active company founded ten years ago, employs six people, and holds £6,555,427 in assets. It operates from a virtual address, managed by three directors, with no owners officially reported. The company regularly imports and exports electrical machinery and equipment – 22 months of imports and 49 months of exports, with the latest export activity recorded in August 2023.

The company’s website is currently unavailable, making it difficult to ascertain its precise operations beyond the import/export activities. However, the company’s description suggests it operates in the retail sale via mail order houses or via internet industries.

Financially, Sam Labs Ltd presents a mixed picture. While current assets remain relatively stable at £6,600,000, there's a significant drop in cash reserves, falling 85% to just £370,000. Bank borrowings have also increased, up 60% to £5,700,000, indicating a reliance on external financing. Trade debtors have surged by 1200%, suggesting potential difficulties in collecting payments from customers. Despite these challenges, creditors have decreased by 33%, suggesting improved debt management. As a small company (meeting two of three criteria: turnover under £10.2m, assets under £5.1m, and fewer than 50 employees), it benefits from agility, but the substantial equity drop warrants closer attention. The company is exempt from an audit, so the financial data is unaudited.

Registered in England/Wales under the registration number 09007359, with a registered address at CB2 9SU, United Kingdom, Cambridge, Stonecross, Trumpington High Street.

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