Seep Living Ltd
- Small
- Active
- 5 years
- 7 employees
- £487,275 (assets)
- Virtual address
- 2 directors
- 1 owner
- Regular importer
- E-commerce
Two conditions of three:
1.Turnover < £10.2 million
2.Balance sheet total < £5.1 million
3.Average number of employees < 50
Field of Operation
Website
Summary
Seep Living Ltd is a small, active company based in London, UK, founded five years ago in 2020. It operates as an e-commerce business, selling eco-friendly cleaning tools and products. The company has seven employees, holds £487,275 in assets, and is managed by two directors, including Harnett Laura, who is also the sole owner. It has a registered address, but it’s likely a virtual one as 13,551 other companies are also registered there. Seep Living Ltd regularly imports various textile products, sets, used clothing, and rags, with the most recent import activity occurring in March 01, 2025.
The company's website, Seep Eco Friendly Cleaning Tools, showcases a range of sustainable cleaning solutions, including sponges, scourers, cloths, and bin bags. It emphasizes high-quality, natural materials, long-lasting effectiveness, and a commitment to eliminating plastic waste. The site features a "Dragons' Den" promotion, offering discounts and free gifts, and highlights the company's mission to plant trees and save plastic items from landfill. It’s clear they are trying to appeal to environmentally conscious consumers.
Financially, Seep Living Ltd’s recent reports show a mixed picture. Cash bank on hand has decreased by 46%, dropping to £190,000, while bank borrowings have increased significantly, jumping 120% to £12,000. Creditors have also risen substantially, increasing 130% to £130,000. On a positive note, debtors have grown by 12% to £44,000. 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 agility, but the decrease in equity—now at -£820,000—raises concerns. With no auditor mentioned, the financial statements are unaudited.
While Seep Living Ltd’s e-commerce platform appears vibrant and focused on sustainability, the financial data suggests it’s burning through money. The company's reliance on increased borrowing and rising creditor payments indicates a need for improved cash flow management.
Registered in England/Wales under the registration number 12583163, with a registered address at WC1N 3AX, United Kingdom, London, 27 Old Gloucester Street.
WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Owners & PSC
-
Individual
- 5 years
- 1
- 50%+
-
Resident of United Kingdom
Managers
-
Individual
- 4 years
-
Resident of United Kingdom
-
Individual
- 5 years
- 2
-
Resident of United Kingdom
Last reports
The latest confirmation statement submitted ten months ago.
Last news
-
ResolutionsDownload 7 pages pdf report
-
Change of details for Ms Laura Harnett as a person with significant control on 2024-11-07Download 2 pages pdf report
-
Total exemption full accounts made up to 2024-05-31Download 9 pages pdf report
Importer profile by HS codes
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Last imported products
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