Sivs Group Limited

Sivs Group Limited, based in London, UK, is a small, active company established four years ago. With a single employee and £2,364 in assets, it operates from a real address and is managed by two directors and owners. A Google rating of 3.0 from 17 reviews suggests a mixed customer experience. The company is an irregular importer, primarily dealing in miscellaneous food products, with just one month of import activity recorded as of October 2020.

The company’s website reveals a significant focus on polyethylene film manufacturing and conversion, operating under the name SIVA Group. Established in 1979, SIVA Group specializes in blown film extrusion, flexographic printing, lamination, slitting, and finishing—offering a wide range of products for both food and non-food applications. The website emphasizes sustainability, utilizing PCR (post-consumer recycled) materials and advanced technologies to minimize environmental impact. The company’s operations span across multiple locations in Southampton, Fareham, and City Industrial Park, catering to a global clientele.

Financially, Sivs Group Limited presents a concerning picture. Current assets have plummeted by 54%, falling to just £2,400, while net assets have sunk 51% to -£12,000. Bank borrowings have decreased by 44%, reaching £3,300, but cash reserves have also dropped significantly by 50%, leaving just £2,200. Creditors have increased by 46%, reaching £12,000 within a year, and net current liabilities have ballooned by 210% to -£9,400. The company’s small size (meeting two of three criteria for a small company) helps it remain agile, but the substantial equity decline and negative net current assets raise concerns about its financial health. As a small company, it's exempt from an audit, relying on unaudited, filleted accounts. The lack of auditor details is not unusual.

Registered in England/Wales under the registration number 12623179, with a registered address at E17 5FT, England, London, 63 Manston Court 2 Thornbury Way.

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