Seabird Packaging Limited

Seabird Packaging Ltd from Andover UK is a small, active company founded 18 years ago. With 8 employees and £139,958 in assets, it operates from a real address and is managed by two directors, although no owners are officially listed. The company is an irregular importer, having imported nothing for the last month, but a regular exporter of art and antiques, with 29 months of export activity recorded up to January 01, 2025.

The company’s core business involves the manufacture of wooden containers and providing other transportation support activities. It operates from Harewood Farm, Andover Down, SP11 6LJ, a real address shared by only one other company. The company is small, meeting two of three conditions: turnover less than £10.2 million, balance sheet total less than £5.1 million, and fewer than 50 employees.

Financially, Seabird Packaging Ltd shows some concerning trends. Current assets have decreased by 37%, dropping to £140,000, while net assets have fallen by 5.1% to -£53,000. Bank borrowings have increased, and cash reserves have shrunk by 43%, leaving just £29,000. Creditors have also decreased by 28%, suggesting some improvement in debt management. The lack of an auditor is typical for a small company, and the figures are unaudited.

The company’s financial data reveals a worrying decline in equity and cash reserves, indicating that it may be burning through money. The decrease in assets and the increase in liabilities suggest a need for careful financial management. While the company’s export business appears to be thriving, the overall financial picture requires attention. It’s possible that the company is reinvesting heavily in its operations, but the lack of positive equity is a cause for concern.

Registered in England/Wales under the registration number 05873241, with a registered address at SP11 6LJ, Andover, Hampshire, Harewood Farm, Andover Down.

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