Samm Holdings Ltd

Samm Holdings Ltd is a small, active company based in London, UK, founded four years ago in 2020. Employing just two people and holding £17,181 in assets, it’s a solo-founded operation with one director and owner. The company operates in the other specialist photography industries and is a regular importer of machinery, boilers, and mechanical appliances; parts, with the last import activity recorded three months ago. It’s also linked to a broader group, Akman Holdings, which operates in diverse sectors including foreign trade, tourism, real estate, food, automotive, and petrochemistry.

The company’s website showcases a wide range of activities, from hospitality (Capital Plaza Hotel, Travelodge Moncton) to real estate (The Kennedys, Akman Real Estate) and even foreign trade. It seems to be a holding company with investments in various businesses, with a focus on hospitality and real estate. The website highlights a commitment to quality and service, emphasizing its presence in Ankara’s real estate market and the exceptional facilities of its hotel properties.

Financially, Samm Holdings Ltd presents a mixed picture. Current assets have decreased by 35% to £17,000, while net assets have fallen 3.7% to -£44,000. Bank borrowings have increased by 120% to £980, and cash reserves have dropped 61% to £1,200. Creditors have also decreased by 14%, and property plant equipment has fallen by 20%. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) means it’s likely exempt from an audit, and the figures are unaudited.

The decline in cash reserves and the negative equity suggest the company might be burning through money, but the decrease in creditors could indicate better management of its debts. The company's diverse holdings and investments could be a strength, but also a source of complexity. It's difficult to say for sure, but the financial data suggest that Samm Holdings Ltd is facing some challenges, although it’s not necessarily in crisis.

Registered in England/Wales under the registration number 13013726, with a registered address at E6 1HZ, England, London, 97 High Street North.

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