The Storage Equipment Centre Limited

The Storage Equipment Centre Limited is a small, active holding company based in Old Harlow, UK, established 25 years ago in February 2000. It employs 20 people and holds assets valued at £2,920,192. With three directors and one owner, the company operates from a real address and is regularly importing machinery, boilers, and mechanical appliances—parts, with the latest import activity recorded three months ago in June 2023.

The company's website, The7.co.uk, functions as a directory, listing locations across the UK. It’s not a typical e-commerce site, but rather a business-to-business portal connecting customers with storage solutions. The site allows users to select a city, and then it lists storage companies in that area. It also mentions related companies such as Leighton Self Storage Ltd, and A Man And Van, suggesting a network of associated businesses. The company’s core business seems to be facilitating connections between customers and storage providers.

Financially, The Storage Equipment Centre Limited shows a mixed picture. Current assets increased by 28%, reaching £2.9 million, while net assets grew by 27%, hitting £670,000. However, bank borrowings increased by 14%, reaching £98,000, and cash reserves surged by a remarkable 240%, reaching £830,000. Trade creditors decreased by 66%, which is a positive sign. The company meets the criteria for a small company—turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. Despite the growth in assets, the significant increase in bank borrowings suggests the company may be investing in expansion, or possibly facing increased operational costs. The lack of an auditor mentioned is typical for a small company, meaning the figures are unaudited.

Overall, The Storage Equipment Centre Limited appears to be a stable, growing business, though the increased borrowing warrants monitoring. Its role as a business directory suggests a focus on facilitating connections within the storage industry, rather than direct sales.

Registered in England/Wales under the registration number 03934554, with a registered address at CM17 0ET, Old Harlow, Essex, Giess Wallis Crisp, 10-12 Mulberry Green.

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