Safety Systems Distribution Limited

Safety Systems Distribution Ltd from Newcastle UK: small company, holding company, active status, founded 26 years ago, 6 employees, £1,717,740 assets, real address, 2 directors, 1 owner. Regular importer of electrical machinery and equipment (35 months imported). Regular exporter of electrical machinery and equipment (31 months exported). It’s a small, family-run business with a solid foundation, operating as a holding company and actively involved in the import and export of electrical equipment. The company, established 26 years ago, employs six people and holds £1,717,740 in assets, demonstrating a reasonable scale of operations.

The company’s website reveals a comprehensive range of products and services catering to the safety and healthcare sectors. It’s not a typical e-commerce site with a shopping cart; instead, it functions as a detailed catalogue showcasing a wide selection of nurse call systems, seizure monitoring equipment, mobility aids, and assistive technologies. The site highlights brands like Intercall, CTEC, Alerta, and Medicare, suggesting a focus on established suppliers. It’s clear the company acts as a distributor, providing equipment to care homes, hospitals, and individuals. They also offer maintenance callouts and even provide a range of accessories.

Financially, Safety Systems Distribution Ltd shows some interesting trends. Current assets have increased by 21%, reaching £1,700,000, while net assets have grown significantly by 41%, now sitting at £1,100,000. Bank borrowings have decreased by 71%, falling to £40,000, and cash reserves have improved by 64%, now at £720,000. Trade debtors have decreased by 30%, suggesting improved collection practices. The company meets the criteria for a small company, with turnover under £10.2m, assets under £5.1m, and fewer than 50 employees. There’s no auditor mentioned, which is common for small companies.

The significant increase in cash reserves is a positive sign, indicating strong cash flow management. However, the decrease in trade debtors could also mean a slowdown in sales, or perhaps a shift towards more cash-based transactions. The company’s focus on specialized safety and healthcare equipment, combined with its established supplier relationships, positions it well in a niche market. While the financials look good, it’s important to monitor the trends in sales and collections to ensure continued success.

Registered in England/Wales under the registration number 03584701, with a registered address at NE16 6EA, Newcastle, Tyne & Wear, Unit 11b, Hobson Industrial Estate, Burnopfield.

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