Service Sealing Solutions Ltd
- Small
- Active
- 6 years
- 2 employees
- £76,714 (assets)
- Real address
- 2 directors
- 1 owner
- Regular importer
- Solo founder
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
Phones
Summary
Service Sealing Solutions Ltd, based in Clun, UK, is a small, active company founded six years ago. With two employees and £58,091 in assets, it’s a solo-founded operation managed by two directors. The company is a regular importer, specializing in stone, plaster, cement, and similar material products—the last import occurred three months ago in May 2022.
The company's website highlights its role as a UK distributor for leading manufacturers DOYMA, FRANK, and HKD, specializing in service duct sealing systems. They offer a range of products, from gaskets and sleeves to pipe systems and seals, catering to developers and specifiers seeking watertight solutions for buildings. The website emphasizes expertise and high-quality engineering, promoting a comprehensive range of sealing solutions.
Financially, Service Sealing Solutions Ltd shows some concerning trends. Current assets have fallen by 38% to £58,000, while net assets decreased by 27% to £33,000. Bank borrowings have increased significantly, and cash reserves have also declined. Creditors have decreased, which is a positive sign, but the drop in equity is a worry. The company’s small size (meeting two of three criteria for a small company) helps it remain agile, but the decline in equity raises questions about its financial health. There's no auditor mentioned, which is common for small companies.
Overall, Service Sealing Solutions Ltd appears to be navigating a challenging period. While its website and product offerings suggest a strong market position, the financial data indicates a need for careful management and potentially, a review of its operational strategies.
Registered in England/Wales under the registration number 11522512, with a registered address at SY7 8NX, United Kingdom, Clun, Craven Arms, Riverdale Riverdale, The Green.
WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Owners & PSC
-
Individual
- 6 years
- 75%+
-
Resident of United Kingdom
Managers
-
Individual
- 3 years
-
Resident of United Kingdom
-
Individual
- 6 years
-
Resident of United Kingdom
Last reports
The latest confirmation statement submitted ten months ago.
Last news
-
Total exemption full accounts made up to 2024-10-31Download 8 pages pdf report
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Confirmation statement made on 2024-08-11 with no updatesDownload 3 pages pdf report
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Total exemption full accounts made up to 2023-10-31Download 8 pages pdf report
Importer profile by HS codes
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Last imported products
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FAQ about Service Sealing Solutions Ltd
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