Satra Technology Centre Limited

Satra Technology Centre Ltd from Kettering, UK, is a large company operating as a holding company with an active status. Established 25 years ago in October 1999, the company employs 214 people and holds assets valued at £7,821,530. It has a real address and is managed by ten directors, with one owner. A Google rating of 4.0, based on 32 reviews, suggests a positive reputation. The company regularly imports and exports optical and medical tools and devices, with 49 months of import activity and 216 months of export activity.

The company’s website doesn’t offer much detail beyond its core business, which appears to be providing testing, calibration, and consultancy services related to footwear, leather, and related products. It’s not an e-commerce operation; instead, it seems to focus on B2B services for manufacturers and suppliers in the industry. The website highlights expertise in areas like biomechanical testing, chemical testing, and performance testing, catering to a global clientele.

Financially, Satra Technology Centre Ltd presents a mixed picture. While assets remain strong at £7,821,530, several key metrics indicate potential challenges. Net assets decreased by 18% to £4,600,000, and bank borrowings increased by 100% to £1,000,000. Cash reserves declined by 60% to £1,000,000, and administrative expenses increased by 9.1% to £11,000,000. Trade debtors decreased by 20% to £2,600,000, and creditors rose 6.6% to £7,600,000. The company’s employee count decreased by 8.4% to 200, which could be a result of restructuring or cost-cutting measures. Moore acted as the auditor for the financial year, and the report was signed by John Harvey.

The rise in borrowings and decline in cash reserves, combined with increased administrative expenses, suggest that Satra Technology Centre Ltd may be burning through cash. However, the decrease in trade debtors indicates improved debt management. The company’s large size (meeting two of three criteria for being a large company) and its established presence in the industry provide a degree of stability, but the financial trends warrant close monitoring.

Registered in England/Wales under the registration number 03856296, with a registered address at NN16 8SD, Kettering, Northants, Wyndham Way, Telford Way.

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