Sipral Uk Limited

Sipral Uk Limited, based in London, is a large, active company established nineteen years ago in 2006. Employing twelve people, the company holds assets valued at £14.6 million and generates an impressive £39.2 million in yearly revenue. With four directors and one owner, Sipral operates from a real address in Canary Wharf and regularly imports and exports iron or steel products, with a long history of both activities.

The company's website reveals Sipral to be a prominent supplier of glazed building envelopes and internal constructions, with a history dating back to 1991. Initially focused on sealing with silicone sealants, it has evolved to specialize in glazed facades and bespoke constructions made of glass and aluminum. Sipral boasts completing over 300 large projects and numerous smaller ones, emphasizing a creative and individual approach to each. The company is currently involved in the Integrated Resort Complex Ellinikon in Athens, Greece, a significant project showcasing its capabilities.

Financially, Sipral Uk Limited presents a mixed picture. While turnover increased by a substantial 60%, reaching £39 million, there are concerning trends. Net assets declined by 19%, settling at £2.5 million, and cash reserves plummeted 96%, leaving only £2200. Bank borrowings, however, increased by 59%, reaching £5.6 million. Creditors also rose significantly, by 31%, and trade debt increased by 1200%. Despite these challenges, the company’s focus on high-value projects and its established reputation in the construction sector may provide a buffer. The lack of a named auditor suggests the company is exempt from a full audit, relying on unaudited financial statements.

It's clear that while Sipral Uk Limited is a successful player in its market, it's navigating a period of financial strain, likely needing to carefully manage its cash flow and debt levels to ensure long-term stability.

Registered in England/Wales under the registration number 05677591, with a registered address at E14 5NR, England, London, 40 Bank Street Canary Wharf.

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