Sam-works Uk Ltd

Sam-works Uk Ltd, based in Southampton, UK, is a small, active company founded 14 years ago. With two employees and £475,595 in assets, it operates from a real address and is overseen by one director and owner. The company regularly imports machinery, boilers, and mechanical appliances – parts, with 18 months of import activity recorded, the latest in August 2023. It also irregularly exports vehicles, parts, and accessories (excluding trains and trams), with just two months of export activity as of July 1, 2024.

The company’s website reveals a broader international operation, with branches in the Netherlands, Hong Kong, and the UK. It appears to be a wholesale and marketing company, selling products and services related to machine tools. The website highlights a team of specialists, from management to international sales support, and emphasizes a positive, dedicated approach to business. It also includes a section for job applications, suggesting a focus on growth and talent acquisition.

Financially, Sam-works Uk Ltd shows some concerning trends. Current assets have dropped by 28% to £480,000, while net assets have plummeted 82% to -£510,000 – a significant decline. Cash bank on hand has increased by a remarkable 92% to £130,000, however. Creditors have increased by 4.6% to £980,000, and trade debtors have fallen by 50% to £81,000. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it remain agile, but the sharp equity drop raises questions. The company’s accounts are unaudited, and no auditor is mentioned.

In short, Sam-works Uk Ltd is facing financial pressures despite a strong international presence and dedicated team. Whether it can overcome these challenges and sustain its growth remains to be seen.

Registered in England/Wales under the registration number 07342727, with a registered address at SO14 6QZ, Southampton, Hampshire, Cambridge House, 32 Padwell Road.

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