Seton Tuning Limited

Seton Tuning Ltd from Colchester UK is a small, active company founded 18 years ago. With four employees and £37,831 in assets, it operates from a real address and is overseen by one director and owner. The company is an irregular importer of vehicles, parts, and accessories (excluding trains and trams), with two months of import activity recorded, and an irregular exporter of machinery, boilers, and mechanical appliances; parts, with one month of export activity. It operates in the sale, maintenance and repair of motorcycles and related parts and accessories industries.

The company’s website is not available, so it’s difficult to fully understand its online presence. However, the company's business model seems to focus on both importing and exporting related to the motorcycle industry.

Financially, Seton Tuning Ltd presents a mixed picture. Current assets have increased by 48% to £38,000, which is a positive sign. However, net assets have decreased by 3.1% to -£190,000, indicating a significant reliance on debt. Bank borrowings have decreased by 9.6% to £6,000, and cash reserves have fallen dramatically, dropping 100% to zero. Creditors have also decreased by 5.9% to £170,000. Trade debtors have increased by 70% to £38,000. The company meets two of the three criteria to be considered small, with turnover under £10.2 million, assets under £5.1 million, and fewer than 10 employees. With no auditor mentioned, the financial statements are unaudited.

The company's reliance on debt and the decline in cash reserves suggest it may be burning through money, but the increase in current assets shows some positive momentum. The decrease in creditors is a good sign, indicating better debt management. It’s unclear if these trends are sustainable, but the company’s small size allows for flexibility and adaptation.

Registered in England/Wales under the registration number 06063572, with a registered address at CO5 7DB, Colchester, Essex, Ballast Quay Works Ballast Quay Road, Fingringhoe.

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