Sealskinz Limited

Sealskinz Limited, based in King's Lynn, UK, is a large holding company with an active status, established 21 years ago. The company employs 101 people and holds assets totaling £8,165,487, generating a yearly revenue of £13,133,308. It has a real address, three directors, and one owner, and operates an e-commerce site with a respectable Google rating of 4.0 based on 17 reviews. Sealskinz regularly imports headgear and accessories (55 months) and exports clothing and accessories made by knitting or crocheting (95 months).

The company specializes in waterproof, breathable, and windproof accessories, including socks, gloves, and hats, catering to a wide range of activities like running, cycling, and mountain biking. Its website showcases a diverse product range, from basic socks to heated gloves, and even includes a blog with articles on topics like running in summer and piano restoration.

Financially, Sealskinz Limited presents a mixed picture. While cash reserves increased by a significant 2400%, reaching £980,000, net assets decreased by 2.5% to £19.9 million. Bank borrowings surged by 92%, hitting £2.9 million, and revenue remained steady at £13 million. Creditors decreased by 19%, suggesting improved debt management. The company's large size (meeting two of three criteria for a large company) indicates a robust operation, but the decrease in net assets warrants further scrutiny. The company’s auditor is Harris & Trotter LLP.

The increase in bank borrowings could indicate investments in growth or working capital needs, while the decrease in net assets might be due to increased operating expenses or depreciation. The company’s continued import and export activity suggests a stable supply chain, and the positive Google rating reflects customer satisfaction. Sealskinz Limited appears to be navigating a dynamic market, balancing growth initiatives with financial discipline.

Registered in England/Wales under the registration number 04925632, with a registered address at PE30 2DE, England, King's Lynn, Norfolk, Nelson House 9-10 Nelson Business Park, Bergen Way, North Lynn Industrial Estate.

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