Sigma Industries Limited

Sigma Industries Limited, based in Redditch, UK, is a small, family-run business with an active status, celebrating 44 years in operation. Employing 11 people and holding £244,531 in assets, the company is led by three directors and two owners. It’s a real address, which is good. Sigma Industries is an irregular importer, specializing in plastics and plastic products, with its last import activity occurring two months ago in January 2025.

The company's website reveals a focus on conveyor chain accessories and spares, catering primarily to the food manufacturing and processing industry. Sigma Industries manufactures modular belts, chains, sprockets, and idlers, offering both standard and custom solutions. They also provide fabrication services and technical support, with a catalogue available online. The business has been established over 40 years and prides itself on fast response times and reliable service.

Financially, Sigma Industries Limited presents a mixed picture. While current assets remained steady at £240,000, net assets experienced a dramatic drop, falling 94% to just £4,200. Bank borrowings increased significantly, and cash reserves plummeted 99%, leaving only £300. Creditors also rose substantially, while trade debtors increased. The company’s small size (meeting two of three criteria for a small company) allows for flexibility, but the sharp decline in equity raises concerns. The unaudited financial statements, exempt from an audit due to its size, rely on director-reported data.

The large drop in net assets is particularly noteworthy. It could be a result of increased investment in inventory or equipment, or perhaps a temporary cash flow issue. The company’s long history and established reputation suggest resilience, but careful management will be crucial to navigate these financial headwinds.

Registered in England/Wales under the registration number 01537159, with a registered address at B97 5XP, England, Redditch, Unit 11 Dunlop Road, Hunt End Industrial Estate.

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