Sis Global Seating Limited

Sis Global Seating Ltd, based in Bude, Cornwall, is a small, active holding company founded eight years ago. With four employees and £444,880 in assets, it operates from a real address shared by only two other companies. Two directors and one owner manage the business, which is a irregular importer of iron or steel products (two months of imports, last in 2017) and an irregular exporter of none (one month, last in 2019).

The company’s website highlights its specialization in seating solutions for various spaces, including lecture theatres, auditoriums, and education facilities. It offers both fixed and retractable seating options, along with tiered structures and bespoke design services. The site also features a quiz to help customers find the right seating solution, and showcases case studies of past projects, including collaborations with universities and performing arts centres. It even offers a seat finder tool.

Financially, Sis Global Seating Ltd has seen some significant shifts. Current assets have dropped by a substantial 54%, falling to £440,000, while net assets have declined by 25%, now standing at £150,000. Cash reserves have taken a hit, decreasing by 72% to £120,000. Trade debtors have also decreased significantly, down 59% to £130,000. However, bank borrowings have surged by a whopping 690%, reaching £32,000. The company’s small size (meeting two of three conditions for being a small company) allows for agility, but the decrease in equity is a concern. With no auditor mentioned, the figures are unaudited.

It seems Sis Global Seating Ltd is navigating a period of change, with a focus on adapting to market demands and maintaining its position in the seating industry. The company’s irregular import and export activity suggests a fluctuating supply chain, and the financial data indicates a need to manage cash flow effectively.

Registered in England/Wales under the registration number 10242553, with a registered address at EX23 8QN, United Kingdom, Bude, Cornwall, 11 Kings Hill Industrial Estate.

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