Senetic Ltd

Senetic Ltd, based in London, UK, is a small holding company with an active status, established fifteen years ago. Employing just one person, it holds assets of £550,035 and operates from a real address in Riverside, with one director and owner overseeing its operations. The company regularly imports and exports electrical machinery and equipment, with 427 months of import activity and 13 months of export activity recorded, the latest being October 2024.

Senetic Ltd’s business activities encompass a diverse range, including wholesale of computers, retail of medical goods, and cosmetic articles, alongside other business support services. Its website is currently non-functional, so it's difficult to determine if it operates an e-commerce platform.

Financially, Senetic Ltd presents a mixed picture. Current assets have decreased by 22% to £550,000, while net assets have increased by 15% to £240,000. Cash bank on hand has fallen by a significant 48% to £31,000, and creditors have decreased by 42% to £260,000. Trade debtors have also decreased by 20% to £520,000. The company meets the criteria for a small business, with turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. The accounts are abridged and unaudited, reflecting its status as a small entity, and prepared by Naail & Co.

The decrease in cash reserves, despite a rise in net assets, suggests that Senetic Ltd is reinvesting profits back into the business, or possibly facing increased operational expenses. The decrease in debtors could indicate improved payment collection, or a reduction in sales. The company's financial statements are prepared under the historical cost convention and comply with Financial Reporting Standard 102. It is important to note that the company has claimed exemption from reporting disclosure related party transactions, which means that any transactions with related parties are not publicly disclosed.

Registered in England/Wales under the registration number 07125121, with a registered address at SE1 2RE, London, 3 More London, Riverside.

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