Seaview Blinds Limited

Seaview Blinds Ltd from Chichester UK: a small, active company founded four years ago, employs thirteen people, and holds £614,318 in assets. It's a solo-founded operation with three directors, and regularly imports treated or layered fabrics for industrial use (31 months of activity) and exports plastics and plastic products (9 months). The company operates from a real address and is registered as a private limited company.

Seaview Blinds specializes in manufacturing blinds for marine vessels. Its website showcases a range of pleated, roller, and roman blinds designed to fit hatches, portlights, windows, and rooflights. The company offers various styles, including Seacrean, Seapleat, and Searoman, catering to different customer preferences. It seems to be a B2B operation, focusing on supplying blinds to boat owners and manufacturers, rather than direct-to-consumer sales. There's no obvious e-commerce functionality on the site, suggesting a focus on wholesale or custom orders.

Financially, Seaview Blinds shows some concerning trends. Current assets have increased by 18%, reaching £610,000, which is good. However, net assets have decreased by 10%, settling at £270,000. Bank borrowings have increased by 1,400%, reaching £130,000—a significant jump. Cash reserves have fallen by 580%, dropping to £170,000. Creditors have increased by 56%, reaching £110,000. The company's small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it remain flexible, but the sharp equity decline warrants attention. The lack of an auditor mentioned suggests the company is exempt as a small entity, relying on unaudited financial statements.

Overall, Seaview Blinds appears to be navigating a period of financial pressure. While its niche market and focus on quality marine blinds may provide a strong foundation, the company will need to carefully manage its debt and improve its profitability to ensure long-term sustainability.

Registered in England/Wales under the registration number 12933693, with a registered address at PO20 7LB, England, Chichester, Unit 2 119 Third Avenue, Almodington.

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