Sealing Systems (scotland) Limited

Sealing Systems Scotland Ltd, based in Paisley, UK, is a small, active company established 14 years ago. With four employees and £217,253 in assets, it operates from a real address and is led by one director and owner, boasting a perfect 5.0 Google rating from a single review. The company is an irregular importer, primarily dealing in machinery, boilers, and mechanical appliances, with its last import activity recorded one month ago in September 2021.

The company’s website highlights its role as a Scottish distributor for Fluid Sealing Division products, particularly for Flowserve, Durametallic, and BWIP. It serves industries like chemical, pharmaceutical, petrochemical, marine, and offshore, offering products and services related to industrial seals, marine seals, packing, gaskets, and O-rings. The business also offers workshop facilities and location details. The website emphasizes British craftsmanship and long-standing partnerships with leading manufacturers.

Financially, Sealing Systems Scotland Ltd shows a mixed picture. Current assets increased by 7.7% to £220,000, while net assets decreased by 2% to £180,000. Bank borrowings decreased by 9.7% to £66,000, and cash reserves increased by 27% to £88,000. Creditors increased by 73% to £44,000, which could indicate increased reliance on short-term financing. The company’s small size (meeting two of three conditions for a small company) allows for agility, but the increase in creditors warrants attention. The company’s accounts are unaudited, and no auditor is mentioned, which is typical for small companies.

Overall, Sealing Systems Scotland Ltd appears to be holding its own, but the rising creditors suggest a need for careful financial management. The company’s established industry partnerships and strong reputation provide a solid foundation for continued success.

Registered in Scotland under the registration number SC385524, with a registered address at PA3 4AY, Paisley, Renfrewshire, Unit 9 Abercorn Industrial Estate, Abercorn Street.

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