Saemm Limited

Saemm Ltd from London UK: small company, active status, founded 3 years ago, virtual address, 1 director, 1 owner. It's a small, active company registered in England/Wales with the number 13615076. Incorporated on September 10, 2021, Saemm Limited operates from a virtual address – a bit unusual, as eighty-two other companies share the same location. The company is run by one director and one owner, with lists updated recently, which is a good sign.

Saemm Limited primarily engages in retail sale via mail order houses or via internet. The company’s website, while not directly linked to the report, suggests a focus on e-commerce, likely selling goods online. There's no clear indication of a physical storefront or extensive offline presence.

Financially, Saemm Limited presents a mixed picture. While the company has £160 in the bank, it’s a slight decrease from the previous year. Creditors have increased significantly, rising to £1,400, and net assets are down to -£1,300. Loans from directors also increased, reaching £1,400. It's a concerning trend, especially considering the company’s small size—meeting two of three criteria for a small company: turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees. The accounts are described as “filleted” and unaudited, which is common for small companies exempt from a full audit. There's no auditor mentioned in the report.

The company’s recent changes in ownership and director lists, along with the negative equity, suggest it’s navigating a challenging period. While the online retail sector can be lucrative, Saemm Limited appears to be burning through cash, and it's important to monitor its financial health closely.

The company operates in Retail → Online & mailorder.

Registered in England/Wales under the registration number 13615076, with a registered address at EC1V 2NX, England, London, Capital Office, 124 City Road.

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