Seamless Industries Ltd

Seamless Industries Ltd, based in Buckinghamshire, UK, is a small, family-run business with an active status, having been established nineteen years ago. The company employs twenty-two people and holds £801,417 in assets, operating from a virtual address shared by numerous other companies. With three directors and two owners, Seamless Industries Ltd functions as a regular importer and exporter of furniture, lighting, and prefabricated buildings, importing for five months and exporting for eight.

The company’s website is currently unavailable, making it difficult to determine the specifics of their online presence and sales strategy. It’s unclear if they operate an e-commerce site or primarily engage in wholesale or agent-based sales.

Financially, Seamless Industries Ltd shows a concerning trend. Current assets have plummeted by 50%, dropping to £800,000, while net assets have also significantly decreased by 43%, settling at £670,000. Bank borrowings have reduced by 29%, to £23,000, and cash reserves have fallen by 44%, to £670,000. Creditors have also seen a substantial decrease of 82%, to £110,000, which could indicate improved debt management. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for agility, but the decline in equity is a cause for concern. The company’s financial reports are unaudited, relying on director-reported data.

The company’s decline in assets could be attributed to a number of factors, such as increased competition, supply chain disruptions, or changing consumer preferences. It’s also possible that the company is investing in new products or services, which could temporarily reduce its profitability. The company’s financial reports are unaudited, relying on director-reported data.

Registered in England/Wales under the registration number 05481588, with a registered address at HP9 1NB, Buckinghamshire, 22 Wycombe End, Beaconsfield.

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