Scarletpl Ltd

Scarletpl Ltd from Plymouth UK is a small, active company founded twelve years ago in 2013. Employing just two people, it holds £355,067 in assets and operates from a real address. With one director and two owners, Scarletpl Ltd is a regular importer and exporter of optical and medical tools and devices, with 4 months of import activity and 7 months of export activity recorded.

The company’s website reveals a focus on production logging tools for the oil and gas industry. Scarletpl specializes in robust, compact, and cost-effective tools designed for quick and easy use. Their website highlights a range of tools, including memory gauges, replacement battery packs, and logging kits, catering to tasks like depth correlations, pressure gradient surveys, and full 3-phase production logs. They even offer production logging software for quick data recovery and interpretation.

Financially, Scarletpl Ltd’s numbers present a mixed picture. Current assets have decreased by 12% to £360,000, while net assets have fallen by 20% to £260,000. Bank borrowings have dramatically reduced by 100%, now at zero, and cash reserves have declined by 54% to £92,000. Creditors have also fallen by a significant 60% to £130,000. The company’s small size (meeting two of three conditions for a small company) allows for agility, but the decline in equity is noticeable. The company is exempt from an audit, so the figures are unaudited.

It seems like Scarletpl Ltd is navigating a period of change. While its production logging tools appear to be in demand, the financial data suggests a need to manage costs and potentially explore new revenue streams.

Registered in England/Wales under the registration number 08472851, with a registered address at PL6 8BX, England, Plymouth, Unit 108 Davy Road, Derriford.

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