Sidh Overseas (uk) Ltd

Sidh Overseas (uk) Ltd is a small, active company based in Wallington, UK, founded six years ago in 2018. With £321,489 in assets and a virtual address, it employs four people and is led by a single director and owner, Khandelwal Neha. The company operates in the wholesale of chemical products industries, and is an irregular importer, with its top import category being Tanning and dyeing products, totaling 1 months of imports. The last import operation was conducted on January 01, 2020.

The company’s website, Sidh Colours, showcases a different business entirely: Sidh Masterbatches Pvt Ltd, a leading manufacturer and exporter of colour masterbatches in India. The website highlights a wide range of products, including black, white, and colour masterbatches, catering to industries such as blown film extrusion, injection moulding, and compounding. The Indian operation, founded in 1999, boasts state-of-the-art manufacturing facilities and a team of experts, crafting masterbatches that meet unique specifications. The website also provides contact information for both UK and Indian offices.

Financially, Sidh Overseas (uk) Ltd presents a mixed picture. Current assets have decreased by 23% to £320,000, while net assets have plunged 190% to -£21,000—a significant downturn. Cash reserves have fallen 88% to just £12,000, and bank borrowings have increased. On the positive side, creditors have decreased by 42%, suggesting improved debt management. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for flexibility, but the substantial equity decline warrants attention. No auditor is mentioned, likely due to the company’s exemption as a small entity.

While the Indian masterbatch business appears robust and well-established, the UK operation faces financial headwinds. Whether the two businesses can mutually support each other remains to be seen, but for now, Sidh Overseas (uk) Ltd is navigating a challenging economic climate.

Registered in England/Wales under the registration number 11656901, with a registered address at SM6 7AH, United Kingdom, Wallington, Surrey, Room 26 - Sbc House, Restmor Way.

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