Seawater Greenhouse Limited

Seawater Greenhouse Limited is a small, active company founded 25 years ago in 2000, operating in the research and experimental development sector. Based in London with a real address, the company employs just two people and holds £14,354 in assets. It’s managed by three directors and owned by two individuals, although this list may not be exhaustive. The company imports machinery, boilers, and mechanical appliances—parts, with sporadic activity over the last few years, and exports vehicles, parts, and accessories (excluding trains and trams), with limited recent activity.

The company’s website, Seawater Greenhouse, showcases a unique approach to food production, utilizing seawater to grow vegetables in greenhouses. It emphasizes sustainable practices and locally grown produce, targeting environmentally conscious consumers. While the website is well-designed and informative, it doesn's appear to be actively used for e-commerce, suggesting a focus on wholesale or direct sales rather than online retail.

Financially, Seawater Greenhouse Limited presents a mixed picture. Current assets have increased by 56% to £14,000, which is good, but net assets have decreased by 7.4% to -£290,000. Creditors have risen by 9.2% to £350,000, while bank borrowings have increased significantly. The company’s small size (meeting two of three conditions for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for flexibility, but the negative equity raises concerns about its long-term viability. There’s no auditor mentioned, so the figures are unaudited.

The company’s focus on research and experimental development, combined with its unique seawater greenhouse concept, suggests a long-term investment horizon. However, the negative equity and reliance on external funding indicate that it’s currently burning through money. The lack of a robust e-commerce presence could also be hindering its growth potential.

Registered in England/Wales under the registration number 03903987, with a registered address at E8 1AB, 2a Greenwood Road, London.

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