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)

Field of Operation

Retail sale via mail order houses or via Internet
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Other business support service activities n.e.c.
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Website

Social media

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

  • Sycal Markham Ltd
  • 9 years
  • 75%+

Managers

  • Markham Gary John
  • 12 years
  • 2
Secretary
  • Markham Gary John
  • 12 years
  • 14
Director
Director

Last reports

Download the last financial report
Download the last confirmation report
* may contain a full shareholder list

Last news

  1. Unaudited abridged accounts made up to 2024-03-30
  2. Confirmation statement made on 2024-09-04 with updates
  3. Change of share class name or designation

Importer profile by HS codes

Last imported products

All imported products

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Exporter profile by HS codes

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