Exsim Ltd

Exsim Ltd, based in Swadlincote, UK, is a small, active company founded 14 years ago. With three directors and two owners, the company operates in the amusement and recreation industries and is a regular importer of toys, games, and sports equipment, with recent activity recorded in November 2023. The company’s registered address is real, with only three other companies registered there.

Exsim Ltd specializes in the design and production of racing simulators, offering a range of products including the VR5 Motion Simulator, GP1 Static Simulator, and KR1 Karting Simulator. Their website highlights a focus on product design, production, installation, and support, catering to high-profile racing brands like MercedesBenz, Williams Esports Lounge, and McLaren Shadow Studio. They offer exclusive experiences, top-quality equipment, and genuine racing parts, and work closely with partners to provide quality products and services.

Financially, Exsim Ltd presents a concerning picture. Accumulated depreciation has completely wiped out the value of property, plant, and equipment. Cash bank holdings have also vanished, and the company's debts to group undertakings have decreased significantly. Creditors have plummeted, but so have current assets, and net current assets have fallen sharply. Equity has remained static, but overall, the company is showing signs of financial strain. While the company is small, meeting two of three criteria for size, the sharp decline in assets and cash reserves suggests it’s burning through money. No auditor is mentioned, which is common for small, exempt companies.

Registered in England/Wales under the registration number 07539177, with a registered address at DE11 0AF, United Kingdom, Swadlincote, Derbyshire, Unit 6 Highwall Business Park, Tetron Way.

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