Seabourne Group Limited

Seabourne Group Limited, based in Epping, UK, is a holding company with a 52-year history, currently employing 15 people and holding assets of £925,035. Active and boasting a real address, the company is overseen by four directors and one owner. It operates as a regular exporter of machinery, boilers, and mechanical appliances, while irregularly importing basic metal tools and utensils.

The company's activities extend beyond its core holding role, with ownership of Seabourne Forwarding Limited and Seabourne Mail Solutions Limited. It also has previous names, Seabourne Express Courier Limited and Purolator Services Limited. Its website suggests involvement in warehousing, cargo handling, and transportation support activities. The company imports basic metal tools and utensils, with the last import operation made on September 01, 2017. It exports machinery, boilers, and mechanical appliances, with the last export operation made on November 01, 2024.

A review of the company's financial data reveals a mixed picture. While turnover remained stable at £13 million, net assets declined by 18% to £1.2 million. Cash reserves fell by 31% to £570,000, while bank borrowings increased by 76% to £69,000. Creditors decreased by 10%, suggesting improved debt management. The company’s staff costs increased by 2.3%, reaching £11 million. It's worth noting that the company's net loss deepened by 17%, reaching -£2 million.

Bright Grahame Murray served as the auditor for the company. 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 net loss raises questions. The decrease in cash reserves, coupled with increased borrowing, suggests the company is burning through money, though not at an alarming rate. The decrease in creditors is a positive sign, indicating better control over short-term liabilities.

Registered in England/Wales under the registration number 01060736, with a registered address at TW18 4AX, England, Staines-Upon-Thames, Centurion House, London Road.

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