Sirin Limited

Sirin Limited is a small, active company based in Ryhall, UK, founded 30 years ago in 1995. With a real registered address and two directors, including Zaitsev Mikhail, the company employs just one person and holds £8,773 in assets. It operates in a variety of industries, including retail sale via mail order, software development, and IT consultancy.

The company’s business model is somewhat diverse. It’s an irregular importer, bringing in optical and medical tools and devices for a single month, with the last import occurring in December 2023. Conversely, it’s a regular exporter of electrical machinery and equipment, with six months of export activity recorded, the last operation taking place in August 2022. The company’s website is not available, so it’s difficult to determine if it operates an e-commerce site.

Financially, Sirin Limited presents a mixed picture. While cash reserves increased by a significant 200% to £6,700, current assets also rose by a substantial 260% to £8,800. However, the company’s equity decreased by 7%, sitting at -£140,000. Bank borrowings increased to £300, and creditors fell by 4.7% to £150,000. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) likely contributes to its agility. With no auditor mentioned (likely exempt as a small company), the figures rely on unaudited statements.

The company’s financial performance suggests it’s navigating a challenging environment. The decrease in equity, despite increased cash reserves, raises questions about its long-term sustainability. The increase in bank borrowings is also a cause for concern. However, the company’s continued export activity and its small size suggest it has the potential to weather the storm.

Registered in England/Wales under the registration number 03047533, with a registered address at PE9 4ES, United Kingdom, Ryhall, Rutland, 5 Francis Court, Rutland Way.

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