Scutum East Limited

Scutum East Limited is a small, active holding company based in Chertsey, UK, established 24 years ago in December 2000. The company, which has a real registered address, employs 16 people and holds assets valued at £304,654. It’s overseen by two directors and one owner, though the owner list may not be exhaustive. Scutum East Limited is an irregular importer, primarily dealing in electrical machinery and equipment, with its last import activity recorded one month ago in December 2017.

The company operates within the security systems service activities industries. While it's a holding company, it appears to be a small business, meeting two of three conditions: turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. It’s a tight-knit operation, with a single registered address housing only one other company.

Financially, Scutum East Limited shows a mixed picture. Current assets have decreased by 6.8% to £300,000. Equity has taken a significant hit, plummeting 130% to -£49,000. Bank borrowings are at zero, and cash reserves have fallen by 42% to £46,000. Trade debtors have increased by 23%, suggesting potentially delayed payments from customers, while creditors have decreased by 10%. The company’s net current assets and liabilities have also changed significantly, with a large decrease in the former and a large increase in the latter. The company’s net assets have also taken a hit, decreasing by 190%.

The company’s financial statements are unaudited, and the auditor is TC Group. The decline in equity, despite increased trade debtors, suggests potential challenges in converting sales into cash. The company's small size and lean structure might offer agility, but the equity decline warrants closer scrutiny. It's a bit concerning, really.

Registered in England/Wales under the registration number 04128990, with a registered address at KT16 9EH, England, Chertsey, St Ann's House, St Anns Road.

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