Salto Systems Limited

Salto Systems Ltd from Southam UK: large company, holding company, active status, founded 11 years ago, 43 employees, £6,016,272 assets, yearly revenue: £18,165,092, real address, 4 directors, 2 owners. Regular importer of electrical machinery and equipment (99 months imported). Regular exporter of miscellaneous metal items (12 months exported). It's a sizable operation, classified as a large company due to meeting two of three conditions: turnover exceeding £36 million and a balance sheet total surpassing £18 million, along with having more than 250 employees. The company functions as a holding company and has been active for eleven years, incorporated on May 1st, 2013. It’s based at CV47 0FG, Southam, Warwickshire, 1 The Court, Holywell Business Park, a real address with only one other company registered there. The business is directed by Gurdev Ramesh, Marco De Juana Gonzalo, Ussa Francisco Javier Roquero, and Handels Marcus Johannes, with Gurdev Ramesh and Salto Systems Sl owning the company.

Salto Systems Ltd specializes in supplying access control solutions for businesses. Its website highlights a focus on delivering secure and efficient access management systems, suggesting a B2B model rather than direct-to-consumer e-commerce. The company’s core business revolves around providing hardware and software solutions for businesses to control and monitor access to their premises, with a focus on security and convenience. While the website doesn’t explicitly offer online sales, it serves as a marketing platform showcasing their products and services.

Financially, Salto Systems Ltd presents a mixed picture. While turnover reached a healthy £18,165,092, the company’s financial health appears to be under pressure. Current assets decreased by 27%, falling to £6,000,000, and net assets also declined. Bank borrowings increased significantly, reaching £1,400,000, while cash reserves dropped considerably to £920,000. Creditors also decreased, suggesting improved debt management. The company’s administrative expenses rose by nearly 9%, and the tax rate increased to 25%, reflecting changing regulatory conditions. The company’s staff costs increased by 2.6%, and the company’s director remuneration increased by 13%. It’s worth noting that the company’s bank borrowings have increased significantly, which could be a cause for concern. The company’s auditor is Ad Valorem Audit Services Limited.

Overall, Salto Systems Ltd is a well-established company in a specialized sector, but its financial performance suggests it may be facing challenges. The increase in bank borrowings and decrease in cash reserves warrant close monitoring, but the company’s strong turnover and management team provide a foundation for future success.

Registered in England/Wales under the registration number 08512943, with a registered address at CV47 0FG, Southam, Warwickshire, 1 The Court, Holywell Business Park.

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