Stein Seal Uk Ltd

Stein Seal UK Ltd, based in Egham, UK, is a small holding company with an active status, having operated for 23 years. With a single employee and £820,597 in assets, the company is led by three directors and owned by two individuals. It functions as an irregular importer of machinery, boilers, and mechanical appliances parts, with just one month of imports recorded as of June 2020, while regularly exporting the same items, with three months of export activity documented as of October 17.

The company’s website showcases a global presence, with manufacturing facilities in Kulpsville, Pennsylvania, and Egham, Surrey, alongside operations in Bangalore, India, and Merida, Mexico. Stein Seal specializes in the design, manufacture, and restoration of precision shaft seals for industries including aerospace, marine, nuclear, and power generation. Its website highlights advanced engineering capabilities, precision machining expertise, and comprehensive testing services—a testament to its commitment to quality and innovation. The company also offers services like OEM design, reverse engineering, and repairs, catering to a wide range of customer needs.

Financially, Stein Seal UK Ltd presents a mixed picture. While cash reserves increased by 23% to £190,000, net assets grew only slightly by 12% to £310,000. Bank borrowings surged by 140%, reaching £490,000, and trade debtors ballooned by 76% to £580,000—a potential sign of delayed payments. Creditors also increased significantly, rising by 140% to £510,000. Despite these challenges, the company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for agility. With no auditor mentioned, the financial statements are unaudited.

The company’s reliance on exports, coupled with the increase in trade debtors, suggests a need to carefully manage cash flow. The growth in bank borrowings, however, indicates a willingness to invest in its operations. Overall, Stein Seal UK Ltd appears to be navigating a period of transition, balancing growth opportunities with financial pressures.

Registered in England/Wales under the registration number 04223463, with a registered address at TW20 9BD, Egham, Surrey, Runnymede Malthouse, Malthouse Lane.

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