Savtech Systems Ltd

Savtech Systems Ltd from Rugby UK is a small, active company founded nine years ago. With just two employees and £268,954 in assets, it operates as a family business with two directors and two owners. The company is a regular importer of machinery, boilers, and mechanical appliances, with parts imported regularly over the last three months.

Savtech Systems Ltd specializes in custom build systems, integration, and software development, offering a complete solution from concept to installation and ongoing service support. Its website highlights expertise in CNC, PLC, HMI, SCADA, drives, motors, electrical, and mechanical areas, including CAD design, panel build, and software design. They cater to diverse industries like aerospace, tooling, golf, metallurgy, automotive, and leisure, offering both custom-built machines and automation projects.

Financially, Savtech Systems Ltd's report reveals some interesting trends. Furniture, fittings, tools, and equipment depreciation increased by 41%, while motor vehicle depreciation saw a dramatic 760% jump. Advances to directors decreased significantly, with a 87% drop in both Director 1 and Director 2. Cash reserves, however, surged an impressive 710%, reaching £100,000. Creditors also increased significantly, rising by 760%. Despite these changes, the company’s small size—meeting two of three conditions for being considered small—allows it to remain agile. No auditor is mentioned, likely due to its status as a small company.

Registered in England/Wales under the registration number 09667116, with a registered address at CV22 7JT, England, Rugby, 170 Lawford Lane, Bilton.

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