Siserve Limited

Siserve Ltd from Leicester, UK, is a small, active company established 21 years ago, in 2003. With four employees and £58,491 in assets, it operates from a real address and is overseen by three directors and two owners. It has a stellar 5.0 Google rating based on eight reviews, and is a regular importer of machinery, boilers, and mechanical appliances—parts, with 8 months of import activity recorded.

The company’s website showcases its role as a supplier, servicer, and repairer of shoe machinery. Founded in 2001, Siserve Ltd supports the UK shoe repair industry, evolving into a European company offering new, used, and refurbished machines, along with servicing and repairs. It also acts as a UK agent for HARDO, offering orthopaedic machines and workshop design services. The site clearly highlights its expertise in shoe repair, spare parts, and orthopaedic machinery—a niche market with a loyal customer base.

Financially, Siserve Ltd presents a mixed picture. Current assets have decreased by 7.3% to £58,000, while net assets have fallen by 14% to £32,000. Bank borrowings have increased by 19% to £18,000, and cash reserves have plummeted 96% to just £19. Creditors have also decreased, suggesting better management of short-term debts. As a small company (meeting two of three conditions for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees), it benefits from agility, but the decline in cash reserves and equity warrants attention. With no auditor mentioned, the figures are unaudited.

Overall, Siserve Ltd appears to be navigating a challenging economic climate, relying on its specialized services and European reach to sustain its business.

Registered in England/Wales under the registration number 04802511, with a registered address at LE2 5LT, Leicester, 37 Kenilworth Drive, Oadby.

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