Satelec (uk) Limited

Satelec UK Ltd from St Neots, UK, is a large holding company with an active status, celebrating 25 years since its founding in 1999. The company employs eleven people and holds assets totaling £703,991, generating a yearly revenue of £1,886,385. Based at a real address, it's overseen by three directors and one owner, boasting a respectable Google rating of 4.0 based on four reviews. Satelec UK Ltd regularly imports and exports optical and medical tools and devices, with 51 months of import activity and 22 months of export activity recorded.

The company operates in the manufacture of pharmaceutical preparations, the manufacture of medical and dental instruments and supplies industries. Its website highlights a focus on delivering marketing services within the UK market on behalf of the wider group. It’s a sizable operation, meeting two of three conditions to be classified as large: turnover exceeding £36 million and a balance sheet total exceeding £18 million.

Looking at the financials, Satelec UK Ltd shows a mixed picture. Current assets decreased by 12% to £700,000, while net assets also fell 6.5% to £570,000. Bank borrowings decreased by 27%, suggesting better debt management, and cash reserves increased by 45% to £96,000. Trade debtors decreased by 18%, which could indicate improved payment collection. However, administrative expenses rose by 11%, potentially reflecting increased operational costs. The company’s reliance on unaudited financial statements—exempt due to its small size—means these figures aren’t independently verified.

Overall, Satelec UK Ltd appears to be navigating a period of change. While its core business seems stable, the slight decrease in assets and increase in expenses warrants close monitoring. The company’s long-standing presence and active import/export activities suggest a resilient business model, but the financial data hints at a need for careful management to ensure continued success.

Registered in England/Wales under the registration number 03795673, with a registered address at PE19 8EP, United Kingdom, St Neots, Cambridgeshire, Acteon House Phoenix Park, Eaton Socon.

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