Seacon Limited

Seacon Ltd from London UK is a large, active company founded seventeen years ago. Employing fifty-four people and boasting assets of £12,831,477, it operates from a real address and is managed by two directors and one owner, holding a stellar 5.0 Google rating based on four reviews. The company regularly imports furniture, lighting, and prefabricated buildings (for thirty-one months, with the latest import in July 2024) and occasionally exports wood and wood products (for just one month, last exported in May 2022).

Seacon Ltd’s website showcases a construction and refurbishment business, providing comprehensive services from structural remodelling to aftercare. Projects listed include work in prestigious London locations like Kensington, Notting Hill, and Belgravia, indicating a focus on high-end residential work. The site also hints at a career section, suggesting a desire to expand its workforce.

Financially, Seacon Ltd presents a mixed picture. While cash and cash equivalents increased by 27% to £8.5 million, administrative expenses surged by a staggering 420% to £1.1 million—a significant jump. Trade debtors decreased by 28% to £4.3 million, which could indicate improved collection efforts, but the drop in net assets by 8% to £8.8 million is a cause for concern. Interestingly, interest income increased by a substantial 990% to £190,000. The company meets the criteria for being a large company, having turnover more than £36 million, balance sheet more than £18 million, and more than 250 employees. The financial statements were audited by TC Group.

Overall, Seacon Ltd appears to be a successful construction business, but the sharp increase in administrative expenses warrants closer attention. Whether this is a one-off event or a sign of ongoing cost pressures remains to be seen.

Registered in England/Wales under the registration number 06391226, with a registered address at NW4 4PZ, London, Luke's Yard, 8b Station Road.

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