Space Seal (midlands) Limited

Space Seal Midlands Ltd from Wolverhampton UK: a small, active company founded 46 years ago, employs 10 people, and holds £2,118,460 in assets. With six directors and no reported owners, it maintains a perfect 5.0 Google rating based on five reviews. It’s an irregular importer, primarily dealing in machinery, boilers, and mechanical appliances, with recent import activity recorded just one month ago. The company operates in the non-ferrous metal production industries.

The company’s website doesn't provide much detail beyond its registration information, so it's difficult to determine if it has an e-commerce presence. It seems to focus primarily on its core business of metal production.

Financially, Space Seal Midlands Ltd presents a mixed picture. While current assets remain relatively stable at £2,100,000, bank borrowings have increased by a significant 2,400% to £29,000. Cash reserves have decreased by 30% to £28,000. Creditors have decreased by 18%, suggesting improved debt management. The company's small size—meeting two of three criteria for a small company—allows for agility, but the decline in equity raises concerns. As a small company, it is exempt from an audit, and the financial statements are unaudited. The increase in bank borrowings could indicate investment in equipment or expansion, or it could be a sign of tighter cash flow. The decrease in cash reserves, while concerning, could be a result of increased operational expenses.

Registered in England/Wales under the registration number 01403804, with a registered address at WV10 7DY, Wolverhampton, Staffordshire, Latherford Close, Four Ashes.

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