Sapphire Inspection Systems Ltd

Sapphire Inspection Systems Ltd, based in Royston, UK, is a small, holding company with an active status. Founded 14 years ago in 2010, the company employs just three people and holds £1,071,127 in assets. It operates from a real address, is overseen by one director and one owner, and regularly imports and exports optical and medical tools and devices – 10 months of imports and 19 months of exports recorded.

The company’s core business revolves around the manufacture of electronic industrial process control equipment, as highlighted on its website. Sapphire Inspection Systems offers a wide range of X-ray inspection systems, catering to the food, pharmaceutical, and cosmetics industries. They provide both standard and bespoke solutions, including rental options and comprehensive support services. The website details a commitment to technological innovation, in-house manufacturing, and a focus on improving safety standards. A key feature is the emphasis on custom solutions, with a dedicated team creating tailored X-ray systems for unique inspection challenges.

Financially, Sapphire Inspection Systems Ltd presents a mixed picture. While cash reserves increased significantly by 290% to £130,000, net assets grew by 50% to £660,000, and current assets rose by 32% to £1,100,000, there are some concerning trends. Creditors increased by 12% to £410,000, and bank borrowings surged by 94% to £540,000. Finished goods dropped by 42% to £92,000, and trade debtors increased substantially by 70% to £710,000. The company’s small size (meeting two of three criteria for a small company) allows for agility, but the increase in debt raises questions about its financial sustainability. The company is exempt from an audit, so the figures are unaudited.

Overall, Sapphire Inspection Systems Ltd appears to be growing, but it's important to monitor its debt levels and ensure its growth is sustainable.

Registered in England/Wales under the registration number 07275431, with a registered address at SG8 0SS, Royston, Herts, New Cambridge House Bassingbourn Road, Litlington.

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