Servium Limited

Servium Ltd, a holding company based in Manchester, UK, has been active for fifteen years, employing thirty-seven people and managing assets totaling £7,553,691. Founded in June 2009, the company operates from a virtual address shared by thirty-eight other businesses, raising some questions about its physical presence. It's led by three directors and owned by four individuals, though the ownership list changed recently. Google users rate it 4.0 stars based on fifteen reviews.

The company’s primary focus is providing business IT solutions and services, as evidenced by its website. It doesn’t appear to be an e-commerce business, but rather a provider of managed services, software, and hardware solutions. The site highlights its expertise in areas like compute management, data security, and cloud technology, suggesting a B2B model targeting businesses needing IT support. They have a "Pathfinder" service, which helps clients navigate their IT journey, and showcase their team and partners.

Financially, Servium Ltd presents a mixed picture. While current assets increased by 16% to £7,600,000, net assets remained relatively stable. However, bank borrowings increased significantly, by 29%, reaching £1,400,000, and cash reserves decreased by 31%, falling to £1,400,000. Creditors also rose by 19%, reaching £5,000,000. The company is classified as a "large" company, having met two of three criteria: turnover exceeding £36 million, a balance sheet total over £18 million, and more than 250 employees. The increase in borrowings and decrease in cash, while not catastrophic, could indicate increased investment or operational expenses.

The company’s recent shift to Advania Uk Ltd as a parent company is noteworthy, and the change in directors and owners ten months ago suggests a period of transition. The absence of an auditor mentioned in the report, likely due to its size, means the figures are unaudited. Overall, Servium Ltd appears to be a stable, albeit growing, company navigating the challenges of a competitive IT services market.

Registered in England/Wales under the registration number 06933341, with a registered address at M27 6DB, England, Manchester, Lowry Mill Lees Street, Swinton.

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