Soilessentials Limited

Soilessentials Ltd from Brechin UK: a small, active company founded 25 years ago, employs 26 people, and has a real address. With four directors and two owners, it's a well-established business. The company regularly imports and exports electrical machinery and equipment, with a long history of 90 months of imports and 3 months of exports.

The company operates in the installation of industrial machinery and equipment industries. It's a small company, meeting two of three conditions: turnover less than £10.2 million, balance sheet total less than £5.1 million, and fewer than 50 employees. The company's registered address is DD9 6SB, Brechin, Angus, Hilton Of Fern Farm, Fern, and is probably real as only one company registered at the address. The company's status is active.

The company’s financial data reveals a mixed picture. Cash reserves have increased significantly by 48%, jumping to £500,000, which is a positive sign. However, net assets have also risen by 38%, reaching £870,000, suggesting increased liabilities. Creditors have decreased by 3.8%, which is a good sign for debt management. Bank borrowings have dramatically decreased by 100%, dropping to zero, which is a very positive trend. However, the company’s accumulated amortisation impairment intangible assets has increased by 21%, which could indicate a need for closer monitoring of asset values. The company’s trade debtors have increased by 13%, which might be due to increased sales, but it's something to keep an eye on.

The company’s future minimum lease payments have increased by 280%, which could be due to new lease agreements or increased rental rates. It’s also worth noting that the company’s average number of employees has increased slightly by 3.8%, suggesting a small expansion of operations. The company’s research and development expenditure credit (RDEC) claim is a significant factor in its financial performance. The company’s legal form is a private limited company, and its registered number is SC203822. The company is exempt from audit as a small company.

Registered in Scotland under the registration number SC203822, with a registered address at DD9 6SB, Brechin, Angus, Hilton Of Fern Farm, Fern.

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