Seanpong Tyres Ltd

Seanpong Tyres Ltd, based in Huddersfield, UK, is a small, active company founded eleven years ago. With nine employees and £163,737 in assets, it operates from a virtual address, managed by a single director and owner. The company’s 4.0 Google rating from 98 reviews suggests a positive customer experience. Seanpong Tyres is a regular importer of rubber and rubber products, with 9 months of import activity, and a more recent foray into exporting, spanning three months.

The company's website highlights a focus on quality tyre supply in Rotherham and surrounding areas like Wakefield, Hull, Selby, and Barnsley. It caters to both new and partworn tyre needs, offering a wide selection and emphasizing competitive pricing and free delivery. The website also promotes quick service and a large inventory of 10,000 tyres, indicating a focus on efficient operations and customer convenience. It's a business that seems to be all about providing affordable, reliable tyres to a local market.

Financially, Seanpong Tyres Ltd presents a mixed picture. While cash bank on hand has plummeted by a significant 85%, dropping to £12,000, bank borrowings have decreased by 31%, settling at £19,000. Current assets have also declined by 7%, now standing at £140,000. Creditors have seen a substantial decrease, falling by 29%, which could indicate improved debt management. However, trade debtors have risen sharply, reaching £52,000, which may signal challenges in collecting payments. The company’s small size—meeting two of three criteria for a small company—allows for flexibility, but the decrease in equity and net assets, both down 1.8%, raises questions about its long-term financial health. The company is not audited, and the financial statements are filleted.

Overall, Seanpong Tyres Ltd appears to be navigating a period of change. While the business is clearly active and well-regarded by customers, the financial data suggests a need for careful management and a focus on improving cash flow.

Registered in England/Wales under the registration number 08875915, with a registered address at HD1 1JP, England, Huddersfield, 4 Railway Street.

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