Sg Install Ltd

Sg Install Ltd, based in Broadstairs, UK, is a small, family-run business with an active status. Founded ten years ago in 2015, the company employs just two people and holds £279,826 in assets. It operates from a real address and is managed by two directors and owners. The business runs an e-commerce site and irregularly imports glass and glassware, with the last import activity recorded two months ago in November 2023.

The company’s website is minimal, but it indicates a focus on window installations and related services. While the website doesn’t offer much detail, it suggests a focus on quality workmanship and customer satisfaction. The business operates within the “other service activities n.e.c.” industries.

Financially, Sg Install Ltd presents a mixed picture. While current assets increased by 25% to £280,000, net assets surged an impressive 1500% to £53,000, a significant turnaround. Bank borrowings decreased by 1.6%, and cash reserves remained steady at £200. Creditors increased by 2.5%, and trade debtors grew substantially by 65%. The company meets the criteria for a small business, with turnover under £10.2m, assets under £5.1m, and fewer than 50 employees. The accounts are unaudited, as is typical for small companies.

The sharp increase in equity suggests a successful year, potentially driven by improved profitability or reduced expenses. However, the rise in trade debtors warrants attention, as it could indicate potential issues with customer payments. The lack of an auditor is not unusual, and the company's financial health appears stable, although it’s important to monitor the trend in trade debtors going forward.

Registered in England/Wales under the registration number 09490336, with a registered address at CT10 2YF, England, Broadstairs, Kent, Unit 37 Blenheim Close.

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