Plexsys Interface Products Uk Ltd

Plexsys Interface Products Uk Ltd, based in London, is a small, active company founded fifteen years ago. With seven employees and £1,400,853 in assets, it operates from a virtual address and is led by three directors and one owner. The company regularly imports electrical machinery and equipment, with its last import operation occurring four months ago.

The company’s website reveals it's a modeling and simulation software company with 35 years of experience delivering training readiness solutions. It focuses on integrated solutions, innovation, and customer support, positioning itself as a leader in the field. Plexsys offers a range of products and services, including ASCOT 7, Direct Link Interface, and VADAAR 2, catering to military training needs. The site highlights its expertise in creating blended environments, controlling entities, and providing communication solutions. It also offers advanced display solutions, including environment viewing tools and incident command systems.

Financially, Plexsys shows some concerning trends. Cash bank on hand decreased by 22% to £570,000, while creditors increased significantly by 97% to £1,000,000. Net assets also dropped by 59% to £160,000. While trade debtors increased dramatically by 220%, suggesting potential issues with collecting payments, the company’s small size (meeting two of three criteria for turnover under £10.2m, assets under £5.1m, and fewer than 50 employees) allows for agility. The lack of a named auditor is consistent with its status as a small company. The sharp decline in equity, however, warrants further investigation. It's possible that the company is reinvesting heavily in its products and services, but the trend suggests it’s burning through money faster than it’s bringing it in.

Registered in England/Wales under the registration number 07215969, with a registered address at LN6 3QR, England, Lincoln, Units 7 & 9 The Regatta Building, Henley Way.

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