Sycal Umbrellas Print & Promotions Limited
- Small
- Holding
- Active
- 41 years
- 7 employees
- £215,191 (assets)
- Real address
- 3 directors
- 1 owner
- Irregular importer
- Regular exporter
- E-commerce
- Rating 5.0 (9)
Two conditions of three:
1.Turnover < £10.2 million
2.Balance sheet total < £5.1 million
3.Average number of employees < 50
Field of Operation
Website
Social media
Phones
Summary
Sycal Umbrellas Print & Promotions Ltd, based in Bedford, UK, is a small, holding company with an active status, celebrating 41 years in business. With seven employees and £215,191 in assets, it operates from a real address and is overseen by three directors and one owner. The company boasts a perfect 5.0 Google rating from nine reviews and runs an e-commerce site. It’s an irregular importer of textile products, sets, used clothing, and rags (last import in May 2022), and a regular exporter of clothing and accessories (last export in December 2021).
The company's website, salessycal.co.uk, showcases a wide range of promotional merchandise and branded corporate gifts, from umbrellas and pens to clothing and electronics. It emphasizes a personal, tailored service, offering design, manufacture, storage, distribution, and fulfilment solutions. The site highlights partnerships with various clients and features a blog with industry news and product ideas.
Financially, Sycal Umbrellas Print & Promotions Ltd presents a mixed picture. Current assets have declined by 41% to £220,000, while net assets have plummeted by 220% to -£37,000. Bank borrowings have increased significantly, and cash reserves have fallen by 290% to £23,000. Creditors have also decreased by 24%, suggesting improved debt management. 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 accounts are abridged and unaudited, and no auditor is mentioned.
The significant decline in equity raises questions about the company’s financial health. While the business maintains a strong online presence and positive customer reviews, the negative net assets indicate a need for careful financial management. The company's reliance on retained earnings and accumulated losses is apparent, and the sharp decrease in cash reserves suggests a need to monitor expenses closely.
Registered in England/Wales under the registration number 01730940, with a registered address at MK42 7SY, England, Bedford, Unit 25 Chantry Road, Woburn Road Industrial Estate, Kempston.
WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.
Owners & PSC
-
Corporate
- Sycal Markham Ltd
- 9 years
- 75%+
-
Resident of United Kingdom
Managers
-
Individual
- Markham Gary John
- 12 years
- 2
-
Resident of United Kingdom
-
Individual
- Markham Gary John
- 12 years
- 14
-
Resident of United Kingdom
-
Individual
- Markham Kieran Andrew Williams
- 12 years
- 3
-
Resident of United Kingdom
Last reports
The latest confirmation statement submitted six months ago.
Last news
-
Unaudited abridged accounts made up to 2024-03-30Download 9 pages pdf report
-
Confirmation statement made on 2024-09-04 with updatesDownload 4 pages pdf report
-
Change of share class name or designationDownload 2 pages pdf report
Importer profile by HS codes
Last imported products
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Exporter profile by HS codes
Last exported products
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FAQ about Sycal Umbrellas Print & Promotions Limited
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