Sigma Euro-comm Limited

Sigma Euro-comm Limited, based in Birmingham, UK, is a small, active company founded thirteen years ago. With seven employees and £152,035 in assets, it operates from a virtual address – a detail worth noting as twenty-nine companies are registered at the same location. The company is a family business, managed by two directors and two owners.

The core of Sigma Euro-comm's business revolves around importing and exporting electrical machinery and equipment. It's a regular importer, with sixteen months of import activity recorded, and a regular exporter, with five months of export activity. The company operates in the wholesale of electronic and telecommunications equipment and parts industries.

Financially, Sigma Euro-comm shows some concerning trends. Current assets have decreased by 17% to £150,000, while net assets have fallen by 17% to £48,000. Bank borrowings have increased by 14% to £11,000, and cash reserves have dropped by 19% to £90,000. Creditors have also seen a significant decrease, down 44% to £28,000, which could indicate 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) helps it stay nimble, but the drop in equity is a point to consider. No auditor is mentioned, likely due to the company’s small size and exemption from an audit.

The decrease in average employees during the period is also noticeable, down 29% to just five. It's possible this reflects efforts to streamline operations or a seasonal fluctuation in workload. Overall, Sigma Euro-comm appears to be navigating a period of financial pressure, though the decrease in creditors is a positive sign.

Registered in England/Wales under the registration number 07623189, with a registered address at B3 1PX, Birmingham, 59-61 Charlotte Street, St Pauls Square.

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