Sanivar Uk Limited

Sanivar Uk Ltd from Newcastle Upon Tyne UK: a small holding company with an active status, was founded six years ago. It employs just one person and holds £250,129 in assets, operating from a real address. With a single director and owner, the company regularly imports iron or steel products, with five months of import activity recorded. It operates in the other business support service activities n.e.c. industries.

The company's website is currently unavailable, making it difficult to determine the specifics of its operations beyond the import of iron and steel. Without a website presence, it’s challenging to assess its customer base or the nature of the business support services it provides.

Financially, Sanivar Uk Ltd presents a mixed picture. While current assets have decreased by 24% to £250,000, net assets have also dropped significantly, falling 19% to -£180,000. Bank borrowings have increased by 2,400% to £29,000, and cash reserves have fallen 30% to £36,000. Creditors have decreased by 11%, suggesting improved debt management. The company’s small size—meeting two of three criteria for a small company—helps it remain agile, but the decline in equity is concerning. The accounts are unaudited, and no auditor is mentioned, which is typical for small companies. The company is a private limited company, and its accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

Overall, Sanivar Uk Ltd appears to be facing financial challenges, despite its active status and regular import activity. The decrease in equity and increase in borrowings suggest that the company may be burning through cash. However, the decrease in creditors indicates that the company is managing its debts effectively. It's hard to say if the company is on a good path, but the numbers are not looking great.

Registered in England/Wales under the registration number 11407058, with a registered address at NE3 3LS, United Kingdom, Newcastle Upon Tyne, Tyne And Wear, Bulman House, Regent Centre.

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