Sealwise Limited

Sealwise Ltd, based in Axbridge, UK, is a small holding company with an active status, having been founded thirteen years ago in 2011. The company employs just two people and holds £366,948 in assets. It operates from a real address at Mendip Business Park and is overseen by three directors and a single owner. Google users have given it a perfect 5.0 rating based on one review. Sealwise is an irregular importer, primarily dealing in plastics and plastic products, with its last import activity recorded one month ago in December 2023.

The company’s website showcases its focus on waterproof sheet materials, particularly “WCB FS,” targeting sectors like flood environments, dental surgeries, cleanrooms, healthcare, and veterinary practices. It’s a family-owned business dedicated to producing innovative materials from recycled content, prioritizing longevity and performance. The site includes a contact form and details about its locations, open Monday to Friday. It also has a newsletter subscription.

Financially, Sealwise Ltd presents a mixed picture. While cash reserves have surged by a remarkable 890%, reaching £170,000, net assets have increased significantly, reaching £240,000. However, bank borrowings have also risen dramatically, increasing by 250% to £130,000. Creditors have also increased by 58%, and trade debtors have doubled. The company’s small size—meeting two of three criteria for a small company—allows for agility, but the substantial increase in debt warrants attention. The company is exempt from an audit, so the figures are unaudited. It seems the company is growing, but is also taking on more debt to do so.

Registered in England/Wales under the registration number 07751844, with a registered address at BS26 2UG, Axbridge, Somerset, Unit 5 Mendip Business Park Mendip Road, Rooksbridge.

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