Sswuk Limited

Sswuk Limited is a small, active holding company based in Crewkerne, UK, established fourteen years ago in 2010. With twenty-seven employees and a real registered address, the company operates under the direction of seven directors and is owned by two individuals. It’s a holding company, meaning it owns other businesses, namely Solar South West Limited and Trn Electrical Ltd. The company’s core business involves importing electrical machinery and equipment regularly – nineteen months of import activity have been recorded, with the latest operation in October 2024. It also exports machinery, boilers, and mechanical appliances irregularly, with one month of export activity recorded in April 2023.

The company operates within the “other specialised construction activities n.e.c.” industries, suggesting a focus on specialized construction services. While no website is available to analyze, the nature of its subsidiaries points towards a focus on solar panel installation and electrical services.

Financially, Sswuk Limited presents a mixed picture. Cash reserves have dramatically increased by 150%, reaching £820,000, a positive sign of improved liquidity. However, net assets have also increased by 84%, reaching £680,000. Trade debtors have fallen significantly by 62%, suggesting improved collection of payments. Conversely, bank borrowings have decreased by 33%, reaching £38,000, and creditors have decreased by 27%, reaching £3 million. The company's size qualifies it as small, meeting two of three conditions: turnover under £10.2 million, balance sheet total under £5.1 million, and fewer than 50 employees. The significant decrease in goodwill, falling 66% to £12,000, is noticeable. As a small company, it is exempt from an audit, and the financial statements are unaudited.

The surge in cash reserves is encouraging, but the decrease in trade debtors could indicate a slowdown in sales or more stringent credit terms. The company's financial health seems stable, but ongoing monitoring of sales and debt collection is recommended.

Registered in England/Wales under the registration number 07336550, with a registered address at TA18 8RR, Crewkerne, Somerset, Coombe Farm, Roundham.

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