Sevensight Group Limited

Sevensight Group Limited, based in York, UK, is a small, active company founded four years ago in 2020. With a single employee and £244,117 in assets, it operates from a virtual address shared by thirty-six other companies, raising some questions about its physical presence. The company has two directors and one owner, Sergot Matthew, who also acts as a secretary. It’s a solo founder operation. Sevensight Group Limited is an irregular importer, primarily dealing in various textile products, sets, used clothing, and rags, with its last import operation recorded a couple of years ago in January 2022.

The company's website, Seven Group, showcases a diverse range of services, indicating a multifaceted business. It’s not primarily an e-commerce site, but rather a portfolio of businesses including asset management, refrigeration, logistics, property services, used truck sales, and training. The site highlights a focus on customer service and a set of "Seven Values" that guide their operations. They even provide Driver CPC and FORS training, and have partnered with Ipswich Town Football Club.

Financially, Sevensight Group Limited’s recent report paints a mixed picture. Current assets have decreased by 10% to £240,000, while net assets have fallen by 18% to £170,000. Cash bank on hand has plummeted a staggering 95% to just £1,300, a significant drop. Trade debtors have increased by 37%, suggesting potential issues with customer payments. However, creditors have also risen, though by a more moderate 4%. The company’s small size (meeting two of three criteria for a small company) means it’s likely exempt from an audit, and the report is unaudited.

Despite the decline in cash reserves, the company’s diverse range of services and established partnerships suggest resilience. However, the decrease in equity and the reliance on bank borrowings are concerning. It’s a bit unclear how the various businesses within the Seven Group interact and contribute to the overall financial health, but they seem to be working closely together.

Registered in England/Wales under the registration number 12582166, with a registered address at YO24 4EY, England, York, 124 Acomb Road.

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