Inspec Solutions Ltd

Inspec Solutions Ltd, based in Sheffield, UK, is a large, holding company with an active status, celebrating 25 years since its founding in 1999. The company employs 31 people and holds assets valued at £1,669,388. It operates from a real address and is managed by three directors and one owner, boasting a stellar 5.0 Google rating based on three reviews. It’s an irregular importer of electrical machinery and equipment, with the last import activity recorded one month ago.

The company’s website highlights its role as a trusted partner for process control, OTIT digital solutions, and process safety consultancy. Inspec Solutions positions itself as an independent systems integrator, developing intelligent and reliable control, safety, automation, and digital solutions across various sectors, including food & beverage, energy, and manufacturing. It works with large brands and benefits from a skilled team of engineers and software developers. The company’s website also showcases its involvement in a Direct Air Capture (DAC) electrical installation project and celebrates National Apprenticeship Week.

Financially, Inspec Solutions Ltd demonstrates a mixed picture. While current assets have increased by 53% to £1,700,000, net assets have surged by 87% to £820,000. However, administrative expenses have risen significantly, increasing by 65% to £3,000,000. Bank borrowings have decreased slightly to £170,000, and cash reserves have fallen by 42% to £20,000. Trade debtors have increased substantially, rising by 64% to £1,400,000. The company’s growth in administrative expenses, while concerning, may reflect investments in its services and personnel. The lack of an auditor mentioned suggests that the company is exempt, and the figures are unaudited. Overall, Inspec Solutions Ltd appears to be a growing company, but its financial performance warrants close monitoring.

Registered in England/Wales under the registration number 03835537, with a registered address at S4 7YW, England, Sheffield, The Ironworks, Unit 7 Norfolk Bridge Business Park, Foley Street.

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