Sviuk Ltd

Sviuk Ltd, based in Withernsea, UK, is a small, active family business founded 11 years ago. Employing just two people, the company holds £53,865 in assets and operates from a real address. With two directors and two owners, Sviuk Ltd regularly imports and exports electrical machinery and equipment—eight months of each recorded. The company’s website describes it as a team focussed on product innovation and providing key support services for brands.

Sviuk Ltd operates in the retail sale via mail order houses or via internet industries. The website highlights a range of services including product rendering, web design, SEO, marketing, and order fulfilment logistics. It also offers support services like branded ticket and phone support. The site’s content, while detailed, is a little repetitive, and the formatting could use some work.

Financially, Sviuk Ltd shows a mixed picture. Accumulated depreciation has risen by 18%, and bank borrowings have increased significantly, with an overdraft rising by 640%. Cash reserves have fallen slightly, and net assets have decreased by 42%. The company meets the criteria for a small business, with turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. The lack of an auditor mentioned suggests it’s exempt as a small company.

Overall, Sviuk Ltd appears to be a small, family-run business navigating the challenges of importing and exporting. The company’s financial performance suggests a need for careful management, but its focus on innovation and support services could position it for future growth.

Registered in England/Wales under the registration number 08555933, with a registered address at HU19 2LG, England, Withernsea, East Riding Of Yorkshire, 190 Queen Street.

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