Seryt Limited

Seryt Ltd, based in Hove, UK, is a small, active company founded ten years ago in 2015. With seven employees and £720,413 in assets, it operates from a virtual address – a fact highlighted by the presence of fifty-seven other companies registered at the same location. The business is led by a single director and owner, Gillin Kevin, and focuses on importing rubber and rubber products, with a consistent record of activity over the past five years. It also occasionally exports machinery and mechanical appliances, though this is less frequent.

The company’s website, Seryt Fleet, showcases a different side of the business: providing 24/7 fleet assistance nationwide and across Europe. The site emphasizes reduced downtime, lower environmental impact, and a safer workplace – all key selling points for fleet managers. It's clear that Seryt Fleet is positioning itself as a provider of essential services for commercial vehicle operators, with a focus on efficiency and sustainability.

Financially, Seryt Ltd presents a mixed picture. Current assets have decreased by 12% to £720,000, while net assets remain steady at £1.1 million. Bank borrowings have significantly reduced by 86%, dropping to £26,000, and cash reserves have increased substantially by 260%, reaching £150,000. Creditors have also decreased by 18%, suggesting improved debt management. Trade debtors have fallen by 27%, which is good news. The company’s small size—meeting two of three conditions for being considered small—helps it remain flexible, but the decrease in current assets is something to keep an eye on. No auditor is mentioned, which is common for companies of this size.

Overall, Seryt Ltd appears to be navigating a challenging economic climate. While the fleet assistance business seems to be thriving, the company’s financial performance suggests it’s working to maintain a healthy balance sheet. The decrease in bank borrowings and increase in cash reserves are positive signs, but the decline in current assets warrants further monitoring.

Registered in England/Wales under the registration number 09494680, with a registered address at BN3 7GA, England, Hove, 88 Boundary Road.

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