Sidon Water Ltd

Sidon Water Ltd from Glenrothes UK is a small holding company with an active status, established five years ago in June 2019. The company employs four people and holds £42,997 in assets. Registered at a virtual address – twenty companies share the same address, raising some questions – it’s managed by two directors and owned by three individuals. Sidon Water Ltd irregularly imports and exports electrical machinery and equipment, with a recent import recorded in December 2021 and an export as recently as February 2025.

The company’s activities seem to involve wholesale of machinery and equipment, and renting and leasing of tangible goods, as indicated by its registration. While a website isn't available for direct analysis, the company’s profile suggests an online presence is likely.

Financially, Sidon Water Ltd presents a mixed picture. Current assets are up slightly at £43,000, but net assets have taken a significant hit, dropping 340% to -£130,000. Bank borrowings have also increased considerably, reaching -£14,000, and cash reserves have fallen 46% to -£150,000. Creditors, however, decreased by 38%, suggesting improved debt management. The company meets the criteria for a small company, with turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. The lack of an auditor mentioned likely means the financial statements are unaudited.

Overall, Sidon Water Ltd is facing financial challenges, despite its small size and active status. The significant drop in equity and increased borrowings indicate a need for careful management.

Registered in Scotland under the registration number SC634652, with a registered address at KY7 5NA, United Kingdom, Glenrothes, Fife, 18 North Street.

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