System Seals Europe Ltd

System Seals Europe Ltd from Higham Ferrers UK: small company, active status, founded 15 years ago, 3 employees, £290,466 assets, virtual address, 1 director, 1 owner. Regular importer of rubber and rubber products (33 months imported). Regular exporter of machinery, boilers, and mechanical appliances; parts (8 months exported). It’s a small, active company based in Higham Ferrers, UK, founded fifteen years ago. The business employs just three people and holds £290,466 in assets. The registered address is a virtual one, as ninety nine companies are registered there. It’s run by one director and one owner, and has been for a while.

System Seals Europe Ltd operates in the agents specialized in the sale of other particular products, architectural activities, agents involved in the sale of machinery, industrial equipment, ships and aircraft industries. The company's website highlights its focus on "UltraHighPerformance Seals for MissionCritical Applications" and "Fresh thinking in wind seal technology." It seems to specialize in high-end seals for the wind energy sector, offering both standard and custom solutions. The site also mentions piano restoration, which is a bit strange.

Financially, System Seals Europe Ltd shows a mixed picture. Current assets decreased by 17% to £290,000, while net assets remained relatively stable at £190,000. Bank borrowings decreased by 31%, reaching £22,000, and cash reserves fell 3.4% to £91,000. Creditors decreased by 37%, suggesting better debt management. The company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) helps it stay agile. The lack of an auditor mentioned (likely exempt as a small company) means the figures are unaudited.

The company's financial performance suggests it's holding steady, but facing pressures. The decrease in cash reserves, while not drastic, warrants attention. It’s likely that the company is investing in its business, but it needs to manage its cash flow carefully.

Registered in England/Wales under the registration number 07127079, with a registered address at NN10 8BW, Higham Ferrers, Northamptonshire, Carlton House, High Street.

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