SIRANE LIMITED
Company number 04506513 · Monitor this company
Executive summary
Sirane Limited is in administration following a catastrophic decline in its financial position during 2022, with cash reserves falling 93% from £5.6M to £0.4M and revenues dropping 23% due to the loss of Covid-related testing income. The company's aggressive international expansion and dividend payments during a period of severe financial deterioration represent significant concerns regarding management stewardship. No credit facility should be extended; the company has formally failed and is under the control of insolvency practitioners.
Shareholders' funds
£8,855,541
Balance sheet as at 2022-12-31
Overview
- Company type
- Private Limited Company
- Incorporated
- 2002-08-08
- Registered office
- C/O Interpath Advisory 45, Church Street, Birmingham, B3 2RT
- Postcode
- B3 2RT
- Capital
- 5,245 GBP
- Accounts category
- Full
- Charges
- 5 outstanding
Accounts
- Last made up to
- 2022-12-31
- Next due by
- 2024-09-30
- Financial year end
- 31 December
Confirmation statement
- Last statement dated
- 2023-08-08
- Next due by
- 2024-08-22
Nature of business (SIC)
- 17290 Manufacture of other articles of paper and paperboard not elsewhere classified
Officers 1 current · 6 resigned
Contact details
- Website
- sirane.com
- Phone
- +44 1952230055
Sirane - food packaging, absorbency including meat pads, flexible packaging, stand-up pouches, board, medical/lab including kit assembly
Previous registered addresses 2
| Address | Changed on |
|---|---|
| UNIT 14 HORTONWOOD 32, TELFORD, SHROPSHIRE, TF1 7EU | 2008-04-02 |
| SOMERSET HOUSE, 40-49 PRICE STREET, BIRMINGHAM, B4 6LZ | 2002-08-14 |
The class of 2002
39%
of the 122,927 companies incorporated in 2002 are still active today; 58% have since been dissolved.
A fact about the year, not a forecast for this company.