Siyue Limited

Siyue Limited from Reading UK is a small, active company founded seven years ago. It employs three people and holds £13,743 in assets, operating from a real address with one director and no officially listed owners. The company is a small entity as it meets two conditions of three: turnover less than £10.2 million, balance sheet less than £5.1 million, and employees less than 50.

Siyue Limited operates in the retail sale via mail order houses or via internet industries. Its website, Dongguan Siyue Outdoor Sports Products Co., Ltd., showcases a range of sports products, primarily soccer shin guards, armbands, and knee braces. The company is a wholesale supplier, offering customization options and bulk discounts to international buyers. The website highlights a wide variety of products, including soccer shin guards, captain armbands, elbow sleeves, knee braces, and waist supports. It also features a section for custom orders, allowing customers to personalize products with their own logos and designs. The site’s focus on soccer and outdoor sports suggests a B2B model targeting retailers and sports teams.

Financially, Siyue Limited’s recent performance has been challenging. Current assets have fallen dramatically, dropping 68% to just £14,000. Net assets have also declined, falling 1.9% to -£110,000. Bank borrowings have decreased by 1.4% to £38,000, and cash reserves have dropped 8.8% to £3,500. Creditors have fallen 20% to £130,000. Loans from directors have also decreased by 26% to £87,000. The company’s small size and lack of employees (zero reported in the latest filing) contribute to its lean operations, but the significant decline in equity and assets raises concerns about its financial health. The accounts are unaudited, and no auditor is listed, which is typical for small companies.

Registered in England/Wales under the registration number 11262095, with a registered address at RG6 7NF, United Kingdom, Reading, 93 Silverdale Road, Earley.

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