Sigill Ltd

Sigill Ltd is a small, active company based in London, UK, founded six years ago in January 2019. The company, with £69,849 in assets, operates from a real address and is led by a single director and owner, who is also the solo founder. It meets the criteria for a small company, having turnover under £10.2 million, balance sheet total under £5.1 million, and fewer than 50 employees.

The company’s website is currently under construction, hosted by One.com, and displays a message indicating it’s “under construction.” This suggests a temporary pause in online activity, or perhaps a website redesign in progress. There’s no active e-commerce presence at this time.

Financially, Sigill Ltd presents a mixed picture. Cash bank on hand has seen a dramatic increase of 1800%, jumping to £24,000. Creditors have significantly decreased by 59%, dropping to £23,000, which is a positive sign of improved debt management. However, debtors have surged by an astonishing 6000%, reaching £27,000, potentially indicating difficulties in collecting payments. Equity has also seen a substantial change, increasing by -320%, with retained earnings and accumulated losses rising to £49,000. Depreciation impairment for computer equipment has increased by 81%, while fixed assets have decreased by 22%. Overall, the company’s net assets liabilities have improved dramatically, rising to £50,000.

The company operates in wholesale of furniture, carpets and lighting equipment, retail sale via mail order houses or via internet, other retail sale not in stores, stalls or markets, and other service activities n.e.c. industries. While the financial data suggests some volatility, the significant increase in cash reserves and decrease in creditors are encouraging. The large increase in debtors, however, warrants attention. With no auditor mentioned, the figures are unaudited.

Registered in England/Wales under the registration number 11786650, with a registered address at SE1 2NZ, United Kingdom, London, Flat 26 The Triangle, 21 Three Oak Lane.

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