Sevela Tech Ltd

Sevela Tech Ltd is a small, active company based in Ipswich, UK, founded three years ago in January 2022. It's a solo founder operation with one director and owner, Kurt Semih, and holds just £1,701 in assets. The company operates in the retail sale via mail order houses or via internet industries. It meets two of three conditions to be considered small: turnover under £10.2 million, balance sheet total under £5.1 million, and fewer than 50 employees. The address is real, with only two companies registered at the same location.

The company's website, Svella Connect Telecoms, paints a picture of a much larger operation. It's not just about online retail; it’s a provider of critical digital infrastructure, focusing on telecoms, utility, and energy sectors. They offer design, build, and connect services—everything from FTTP design and utility surveys to high-speed network construction and electrical connections up to 132KV. The site emphasizes turnkey, multi-utility solutions, and even highlights ESG initiatives and employee development. They also operate under the Svella group of companies.

Financially, Sevela Tech Ltd’s picture is a bit mixed. Current assets have increased to £1,700 from £800, a good sign, but net assets have plummeted from -£2,600 to just £130. Bank cash has remained steady at £3. Creditors have decreased significantly, falling from £3,400 to £1,600, which is positive. Trade debtors remain constant at £900. The company’s small size helps it stay nimble, but the substantial improvement in equity suggests a turnaround. No auditor is mentioned, consistent with its status as a small company exempt from an audit.

Overall, Sevela Tech Ltd appears to be navigating a challenging financial landscape, but the increased assets and reduced creditors indicate a potential for improvement. The company's broader Svella Connect Telecoms operations suggest a focus on growth and expansion—although whether this translates to financial stability remains to be seen.

Registered in England/Wales under the registration number 13859012, with a registered address at IP3 0LY, England, Ipswich, 12 Turner Road.

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