Specialist Sealing Products (west Yorkshire) Limited

Specialist Sealing Products West Yorkshire Ltd from Bingley UK: a small, active company founded thirteen years ago, employs just two people, and holds £98,979 in assets. It’s a family business with two directors and two owners, operating from a real address. While it’s an irregular importer of rubber and rubber products (just two months of import activity), it’s a regular exporter of machinery, boilers, and mechanical appliances – with eleven months of export activity recorded.

The company’s website highlights its expertise in sealing solutions, offering a wide range of gaskets, seals, and joints for various industries. It’s a manufacturer and distributor, supplying products for applications ranging from aerospace engineering to breweries. The site emphasizes precision, quality assurance, and a tireless work ethic, showcasing a catalogue of products including metallic, semi-metallic, and elastomeric seals. It also features a blog with articles on topics like valve cover gaskets and raised face flanges, demonstrating a focus on technical knowledge and customer education.

Financially, Specialist Sealing Products West Yorkshire Ltd presents a mixed picture. While current assets increased by 7.3% to £99,000, net assets decreased by 9% to £80,000. Cash bank on hand fell by 35% to £19,000, and trade debtors rose by 14% to £70,000. Creditors also increased, with amounts due within one year rising by 6.3% to £64,000. The company’s small size (meeting two of three criteria for a small company) helps it remain flexible, but the decline in equity suggests potential financial pressure. Depreciation charges for property, plant, and equipment remained consistent at £18,000. The company is exempt from an audit as a small company, and no auditor is mentioned. The sharp increase in total inventories, jumping 570% to £10,000, could indicate a build-up of stock, which may or may not be a positive sign.

Registered in England/Wales under the registration number 07822928, with a registered address at BD16 1QN, Bingley, 2 Heron Close, Harden.

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