Sigvaris Britain Limited

Sigvaris Britain Ltd from Andover UK: a small holding company with an active status, was founded 32 years ago in 1992. The company employs 24 people and holds £1,604,293 in assets. It has a real address, four directors, and one owner. It’s a regular importer of clothing and accessories made by knitting or crocheting, having imported for 221 months, with the last operation occurring in March 2025.

The company operates in the other human health activities industries and is a holding company. It’s a small company as it met two conditions of three: turnover less than £10.2 million, balance sheet less than £5.1 million, and employees less than 50. The company's website is not available, so it is difficult to determine if it operates an e-commerce site.

Financially, Sigvaris Britain Ltd shows some interesting trends. Accumulated depreciation impairment property plant equipment increased by 14%, indicating investment in assets. Amounts owed to group undertakings grew by a substantial 39%, suggesting increased reliance on related parties. Cash bank on hand increased by 9.1% to £610,000, which is a positive sign. However, creditors jumped by 37% to £810,000, and merchandise increased by 35% to £360,000, which could indicate challenges in managing short-term liabilities. The company's net assets liabilities increased by 1.7% to £770,000.

The company's financial data suggests a period of investment and growth, but also increased financial risk. The increase in creditors and merchandise, coupled with the reliance on group undertakings, could indicate a need for careful financial management. The fact that the company is audited is a good sign, and BDO LLP performed the audit. Overall, while the company appears to be active and growing, it’s important to monitor its financial performance closely.

Registered in England/Wales under the registration number 02724989, with a registered address at SP10 5NT, England, Andover, Hampshire, 1 Imperial Court, Magellan Close.

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