Imex Systems Limited

IMEX Systems Ltd from Craigavon, UK, is a small, holding company with an active status, established 42 years ago. The business employs 12 people and holds £793,062 in assets, operating from a real address. With four directors and three owners, it’s a family-run operation boasting a Google rating of 4.0 based on a single review. They’re a regular importer, though their top import category is listed as ‘None’ with just four months of import activity recorded.

The company’s website showcases a diverse range of instruments, technology, and solutions, catering to both educational and professional environments. They sell oscilloscopes, signal generators, power supplies, and other testing equipment from brands like Tektronix, Keithley, Rohde & Schwarz, and Pico Technology. A significant portion of the website is dedicated to teaching lab solutions, highlighting their expertise in electronics and physics. They also offer services like piano restoration and disaster recovery, indicating a broader scope beyond their core business.

Financially, IMEX Systems Ltd presents a mixed picture. While net assets increased by 18% to £800,000, cash bank on hand decreased by 7% to £380,000. Trade debtors rose by 9%, suggesting potential delays in customer payments, and creditors decreased by 17%, indicating improved debt management. The company’s small size (meeting two of three conditions for a small company) helps maintain agility, but the decrease in cash reserves is something to keep an eye on. The company is exempt from an audit, so the numbers are unaudited. It's a bit odd that the company has a large increase in bank borrowings, but it is likely that they are using this to fund the business.

Overall, IMEX Systems Ltd seems to be a stable, long-standing business, but the financial figures suggest they are working hard to maintain a healthy bottom line.

Registered in Northern Ireland under the registration number NI016493, with a registered address at BT66 7LD, Northern Ireland, Craigavon, 17 Dromore Road Dromore Road, Lurgan.

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