Secretariat International Uk Ltd

Secretariat International Uk Ltd is a large company based in London, UK, with an active status. Founded nine years ago in 2015, it employs thirty-three people and holds assets worth £19,591,580. The company operates from a real address at 22 Bishopsgate, and is led by two directors, although no owners are officially listed—likely one of the directors holds a significant stake. It functions as an irregular importer, primarily bringing in clothing and accessories that aren't knitted or crocheted, with the last import operation recorded in June 2024.

The company's core business revolves around providing expert advisory services, particularly in international arbitration, litigation, and large-scale construction disputes. Its website highlights expertise in areas like delay analysis and quantum calculation, catering to commercial and industrial clients. They also offer services related to intellectual property, engineering, and legal consulting. A key feature is their focus on high-performance experts, emphasizing their ability to navigate complex challenges and instill confidence. They even publish reports on financial crime risks and collaborate with organizations like ACEDS to explore the role of artificial intelligence in legal practice.

Financially, Secretariat International Uk Ltd exhibits a mixed picture. While cash and cash equivalents increased by a substantial 64% to £1.9 million, net assets decreased by 11% to £1.4 million. A significant trend is the surge in amounts owed by group undertakings, rising to £9.3 million, and amounts owed to group undertakings ballooning to £15 million—a substantial increase that could indicate complex inter-company transactions. Creditors also rose significantly, up 120% to £18 million, while debtors decreased by 21% to £6.2 million. Despite these shifts, the company’s administrative expenses dropped by 41% to £2.5 million. The company’s auditors are Kirk Rice LLP.

The decline in equity, coupled with the increase in liabilities, suggests the company may be burning through cash to fuel growth or facing increased operational costs. It’s possible the inter-company transactions are part of a larger group structure, but the trend warrants further scrutiny. The company’s continued focus on high-value advisory services and its commitment to innovation, as evidenced by its AI reports, could help mitigate these financial pressures.

Registered in England/Wales under the registration number 09692990, with a registered address at EC2N 4BQ, England, London, 22 Bishopsgate, 22nd Floor.

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