S G N E Limited

Sgne Ltd from Dorking UK: a small, active company founded 13 years ago, employs three people, and holds £671,116 in assets. It operates from a virtual address, is managed by three directors, and owned by two individuals – a family business. The company regularly imports machinery, boilers, and mechanical appliances, with parts imported for the last 12 months. It’s a small company as it met two conditions of three: turnover less than £10.2 million, balance sheet less than £5.1 million, employees less than 50.

The company operates in the other professional, scientific and technical activities n.e.c. industries, and its website is not available.

Financially, Sgne Ltd shows some interesting trends. Depreciation on computer equipment increased by 65%, while depreciation on motor vehicles decreased by 6.7%. Cash bank on hand grew significantly by 57%, reaching £310,000, but creditors also increased by 35% to £520,000. Trade debtors decreased by a substantial 42%, which could be a positive sign of improved collections, or perhaps a slowdown in sales. Equity has also taken a hit, dropping 27% to £220,000. The company’s net current assets and liabilities have also seen a decrease. Despite these changes, the company’s merchandise inventory has increased by a healthy 97%. The company is exempt from an audit. It's clear that the business is managing its assets, but the increase in creditors suggests a need to carefully monitor cash flow.

Registered in England/Wales under the registration number 07782446, with a registered address at RH4 2DP, United Kingdom, Dorking, Constable Court, 62 Dene Street.

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