Simea Ltd

Simea Ltd is a small, active company based in London, UK, founded just one year ago. It holds £9,925 in assets and operates from a virtual address, a detail highlighted by the fact that 5631 other companies are also registered there. The company is run by two directors and has one owner, who is also the solo founder.

The business focuses on a diverse range of activities, including retail sales via mail order and internet, software development, IT consultancy, and even education services. Its website reveals a more specialized operation: a wood manufacturer based in Bulgaria, specializing in wood pellets, lumber, and logs. The company boasts a workforce of 15 employees and is a member of the Woodme Wood Trade Directory.

Financially, Simea Ltd presents a mixed picture. While its current assets remain steady at £9,900, net assets are also steady at £5,000. Bank borrowings are also steady at £5,000. Cash reserves are also steady at £6,700. The company’s small size (meeting two of three conditions for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for agility, but the lack of employees reported and the absence of an auditor (likely exempt as a small company) mean the figures are unaudited. The accounts are described as “filleted” and prepared in accordance with FRS 102 Section 1A. It seems like the business is holding steady, but it's important to keep an eye on those numbers.

Registered in England/Wales under the registration number 14945540, with a registered address at WC2H 9JQ, England, London, 71-75 Shelton Street, Covent Garden.

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