Sec Interiors Limited

Sec Interiors Ltd, based in Old Harlow, UK, is a small holding company with an active status, having been founded 14 years ago in 2011. The company employs ten people and holds assets worth £1,202,821. It operates from a virtual address – ninety seven companies are registered at the same location – and is managed by two directors and one owner. Sec Interiors Ltd runs an e-commerce site and regularly imports furniture, lighting, and prefabricated buildings, with 54 months of import activity recorded, the latest in January 2025.

The company’s core business involves other specialised construction activities. It’s a small company, meeting two of three conditions: turnover less than £10.2 million, balance sheet total less than £5.1 million, and fewer than 50 employees. It’s a holding company, but it’s not clear what other companies it holds.

Financially, Sec Interiors Ltd shows some concerning trends. Current assets have decreased by 21% to £1,200,000, while net assets have fallen by 28% to £100,000. Bank borrowings have increased dramatically, reaching £97,000, and cash reserves have plummeted 99%, leaving just £250. Creditors have also decreased by 19%, suggesting better debt management, but the sharp decline in equity is a significant worry. Trade debtors have fallen by a staggering 68%, which could be a sign of issues collecting payments. The company’s small size helps it remain flexible, but the equity drop and increased borrowings raise questions about its financial health. With no auditor mentioned (likely exempt as a small company), the figures rely on unaudited statements.

In short, Sec Interiors Ltd is facing financial pressures. While its e-commerce presence and import activity remain active, the financial data suggests it’s burning through cash. Whether it can weather this storm remains to be seen.

Registered in England/Wales under the registration number 07543983, with a registered address at CM17 0ET, Old Harlow, Essex, 10-12 Mulberry Green.

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