Sesami Europe Ltd

Sesami Cash Management, based in Edinburgh, UK, is a holding company with an active status, having been incorporated twenty years ago in September 2004. The company employs three people and holds £822,345 in assets. With four directors and one owner, it operates from a real address shared by only one other company, suggesting a relatively low-profile operation. Sesami's core business involves acting as agents in the sale of machinery, industrial equipment, ships, and aircraft.

The company’s website highlights its focus on cash ecosystem performance and technology, positioning itself as a global solution provider. It's actively promoting its presence at EuroShop 2023, a major retail trade fair in Germany, aiming to connect with industry leaders and showcase its services. The site emphasizes its ability to optimize cash ecosystem performance through software, devices, and managed services, targeting financial institutions and consumer businesses.

Financially, Sesami Cash Management presents a mixed picture. While net assets grew by 17% to £50 million, indicating overall financial health, several key metrics show concerning trends. Cash and cash equivalents declined significantly by 30% to £2 million, and net losses deepened to -£930,000. Bank borrowings increased substantially, reaching £29,000. Creditors also rose, suggesting potential strain on short-term obligations. The company’s average number of employees decreased by 33% to two, which could be a result of restructuring or cost-cutting measures. The accounts are unaudited, and no auditor firm is mentioned.

Despite these challenges, Sesami's focus on technology and its presence in the global cash management sector suggest potential for growth. The company's ability to adapt to changing market conditions and its commitment to innovation will be crucial for its long-term success.

Registered in Scotland under the registration number SC273471, with a registered address at EH2 2AF, Scotland, 12 - 13 St Andrew Square, Edinburgh, C/O Wright, Johnston & Mackenzie Llp, The Capital Building.

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