Seals R Us Ltd

Seals R Us Ltd is a small, active company based in Derby, UK, founded five years ago in 2019. Employing just two people, the company holds £21,618 in assets and operates from a real address. With two directors and two owners—Karl Michael and Kirsty Wibberley—it’s a family business focused on retail sale via mail order and internet. The company specializes in custom solid and sponge rubber seals, trims, and gaskets, catering to automotive, caravan, motorhome, marine, and industrial sectors. Their website highlights a wide range of products, including custom rubber profiles and technical help guides, and even offers a downloadable or printed catalogue.

The business seems to be primarily ecommerce, with a focus on providing custom sealing solutions. Their website clearly showcases a wide range of products and services, from custom rubber seals to technical support and downloadable catalogues. They even offer a showroom in Harrods, London. The website is well-designed and easy to navigate, with clear product descriptions and helpful resources. It’s clear they’ve invested in building an online presence to reach a wider customer base.

Financially, Seals R Us Ltd shows a mixed picture. Cash bank on hand increased by a healthy 79% to £14,000, while current assets rose by 25% to £22,000. However, creditors increased by 65% to £12,000, and net assets remained steady at £10,000. The company’s small size—meeting two of three conditions for being classified as small—helps it remain flexible, but the rise in creditors suggests they might be relying on credit to manage operations. With no auditor mentioned, the figures are unaudited. The company’s inventory decreased by 22%, which might indicate a slowdown in sales or a deliberate effort to reduce stock levels. Overall, Seals R Us Ltd seems to be holding its own, but keeping a close eye on debt management will be crucial.

Registered in England/Wales under the registration number 12261387, with a registered address at DE21 7DJ, United Kingdom, Derby, 105 Dale Road, Spondon.

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