Intelex Systems Limited

Intelex Systems Ltd from Solihull UK: a small, active company founded 16 years ago, employs just one person, and holds £50,423 in assets. It's led by a solo founder and has a real address, with one director and one owner. The company regularly imports electrical machinery and equipment, with 17 months of import activity recorded. It operates in the business and domestic software development, and information technology consultancy activities industries.

The company's website highlights a diverse range of services, from software development and IT consulting to fleet management and data services. It positions itself as a global outsourcing partner, offering solutions for businesses across Europe, the USA, and India. Intelex Systems also partners with Netradyne to offer vehicle safety solutions, integrating AI technology and data analytics. The website showcases a range of products and services, including IoT solutions, cloud hosting, and video telematics, catering to sectors like mortgages, finance, health, education, and real estate. It even has a blog with insider views and news updates, and a careers page with job opportunities.

Financially, Intelex Systems Ltd presents a mixed picture. While cash bank on hand increased by a substantial 34% to £32,000, net assets took a significant hit, plummeting 170% to £33,000. Creditors, however, surged by an astonishing 1000% to £86,000, and bank borrowings remained stable at £10,000. Fixed assets increased dramatically, jumping 20,000% to £860,000, largely due to goodwill. The company meets the criteria for a small business, with turnover under £10.2 million and assets under £5.1 million. No auditor is mentioned, which is common for small companies.

The sharp increase in creditors, combined with the decrease in net assets, suggests the company may be burning through cash to fuel growth or facing increased operational expenses. The dramatic rise in fixed assets, primarily goodwill, indicates a possible acquisition or significant investment. While the company's diverse service offerings and partnerships suggest a strong market position, the financial data warrants close monitoring to ensure long-term sustainability.

Registered in England/Wales under the registration number 06780671, with a registered address at B90 8AG, England, Solihull, West Midlands, Intelex Systems Limited, Regus Building Blythe Valley Business Park, Central Boulevard, Shirley.

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