Samp Corp Ltd

Samp Corp Ltd is a small, active company based in Hitchin, UK, founded ten years ago in 2014. It employs three people and holds £413,997 in assets. With a real registered address and four directors overseeing operations, it’s a family business with three owners. The company operates in the production of coffee and coffee substitutes, the wholesale of coffee, tea, cocoa and spices industries. It’s an irregular importer, with its top import category being Toys, games, and sports equipment, totaling one month of imports, the last operation conducted on January 01, 2021.

The company’s website, SAMP Group, focuses on supplying precision machines, spare parts, and services to wire and cable manufacturers globally. It highlights a history spanning 85 years and a network of five sites supporting clients worldwide. The website details a range of products, including cable solutions for various industries like energy, transport, communications, and factory automation. It also offers comprehensive services, from revamping and upgrading to technical inspections and training. The website has a lot of information, and it’s clear that they’re trying to reach a global audience.

Financially, Samp Corp Ltd presents a mixed picture. Cash bank on hand decreased by 12% to £330,000, while trade debtors increased dramatically by 1200% to £59,000—a significant jump that could indicate delayed payments or a change in credit terms. Creditors also increased, by 28% to £88,000. Equity, however, took a major hit, with retained earnings and accumulated losses plummeting 110% to -£15,000. It's a big change, and it's something to keep an eye on. 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 stay agile, but the sharp equity drop raises questions. With no auditor mentioned (likely exempt as a small company), the figures rely on unaudited statements.

Overall, Samp Corp Ltd seems to be navigating some financial challenges, despite its established presence and global reach. The company’s future will likely depend on its ability to manage its debts and maintain its customer base.

Registered in England/Wales under the registration number 09247431, with a registered address at SG4 0AP, England, Hitchin, 44 Wilbury Way.

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